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Bajaj Finance gets nod to invest funds in subsidiaries company

19 Jan 2022 Evaluate

Bajaj Finance has received approval from board of directors to invest up to Rs 2,500 crore and Rs 400 crore respectively, in wholly owned subsidiaries -- Bajaj Housing Finance and Bajaj Financial Securities. The board of directors at its meeting held on January 18, 2022 has approved the same.

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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