2.30 (0.21%) Bajaj Finance has raised funds aggregating to Rs 425 crore via private placement. The Debenture Allotment Committee of the company at its meeting held on October 25, 2018, has allotted 4250 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh each aggregating to Rs 425 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.