Bajaj Finance Ltd.

Bajaj Finance has raised Rs 1195 crore through allotment of 7.85% p.a, 1,19,500 Secured Redeemable Non-Convertible Debentures (NCDs), at the face value of Rs 1 lakh each. The Debenture Allotment Committee of the Company has at its meeting held on September 11, 2023 has allotted the same. CRISIL has issued 'AAA/ Stable' rating, while India Ratings and Research issued 'AAA/Stable' rating to said NCDs. Issue size is Rs 260 crore plus Rs 1,300 crore (Green shoe). 

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.