7.05 (0.65%) Bajaj Finance has raised funds worth Rs 1,500 crore through allotment of 15,000 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh on Private Placement basis. The Board of Directors of the Company at its meeting held on July 18, 2019 has allotted 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.