Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1097.30
7.30 (0.67%)
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Bajaj Finance invests in RBL Bank through QIP

Date: 06-12-2019

Bajaj Finance has participated in Qualified Institutions Placement (QIP) of RBL Bank and have been allotted 42.73 lakh equity shares at a price of Rs 351 per equity shares aggregating to around Rs 150 crore. The overall investment of the company in the Bank will not exceed Rs 150 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.