Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
963.60
-1.15 (-0.12%)
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Bajaj Finance raises Rs 3,181.54 crore through NCDs

Date: 20-09-2024

Bajaj Finance has raised Rs 3,181.54 crore through the allotment of 3,09,700 Non-convertible debentures (NCDs), at face value of Rs 1 lakh each, on private placement basis. The Debenture Allotment Committee of the company has at its meeting held on September 20, 2024, allotted the same. 

Bajaj Finance is one of the largest players in the burgeoning consumer finance segment in India and a pioneer in introducing interest-free EMI finance options in many categories, ranging from consumer durables to lifestyle products to groceries.