Bajaj Finance Ltd.

In furtherance to the update provided in the Company’s Q4 FY2021 Investor Presentation with respect to PPI business, Bajaj Finance has informed that the Reserve Bank of India through its letter dated 4 May 2021 has granted an authorization to the Company for issuance and operation of semi-closed Prepaid Payment Instruments with perpetual validity.

The above information is a part of company’s filings submitted to BSE.