2.30 (0.21%) Bajaj Finance has raised funds aggregating to Rs 70 crore through allotment of 700 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh each on Private Placement basis. The date of allotment is July 27, 2018. The Debenture Allotment Committee of the company at their meeting held on June 27, 2018, approved the same.
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.