Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1090.00
2.30 (0.21%)
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Bajaj Finance raises Rs 1025 crore through bonds issue

Date: 14-06-2017

Bajaj Finance has raised Rs 1025 crore through issuance of bonds on a private placement basis. The Debenture Allotment Committee of the company at its meeting held on June 13, 2017 allotted 10250 secured redeemable non-convertible debentures.

Bajaj Finance is one of the leading financial companies in India. It offers personal loans that are convenient, flexible, quickly processed, have superior features like zero prepayment charges & requires no security with minimum paper work. The company has reported 36.04% rise in its net profit at Rs 555.65 crore for the quarter ended December 31, 2016, as compared to Rs 408.46 crore for the same quarter in the previous year.