2.30 (0.21%) Bajaj Finance has raised funds aggregating to Rs 300 crore through private placement. The Debenture Allotment Committee of the company at its meeting held on December 28, 2017, has allotted 3000 Secured redeemable non-convertibles debentures of face value of Rs 10 lakh each aggregating to Rs 300 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.