Bajaj Finance Ltd.

Bajaj Finance has raised Rs 600 crore through issuance of bonds on a private placement basis. The Debenture Allotment Committee of the company at its meeting held on June 22, 2017 allotted 6000 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.