2.30 (0.21%) Bajaj Finance has raised Rs 400 crore on private placement basis. The Debenture Allotment Committee of the company at its meeting held on October 27, 2017 has allotted 4000 Secured redeemable non-convertibles debentures of face value of Rs 10 lakh each aggregating to Rs 400 crore.
Bajaj Finance, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 19 million customers across the country.