Bajaj Finance Ltd.

S&P Global Ratings has downgraded the credit rating of Bajaj Finance from Long term rating of ‘BBB-/Negative’ and Short-term rating of ‘A-3’ to Long term rating of ‘BB+/Stable’ and Short-term rating of ‘B’.

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.