Bajaj Finance has received approval from board of directors for raising of funds by way of debt issue/issue of non-convertible securities as a part of the proposed increase in overall borrowing limit, from Rs 160,000 crore to Rs 225,000 crore. 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.
