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 365 crore through bonds issue

Date: 21-06-2017

Bajaj Finance has raised Rs 365 crore through issuance of bonds on a private placement basis. The Debenture Allotment Committee of the company at its meeting held on June 20, 2017 allotted 3650 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 a rise of 42.57% in its net profit after taxes and minority interest at Rs 449.15 crore for the quarter ended March 31, 2017, as compared to Rs 315.04 crore for the same quarter in the previous year.