-1.15 (-0.12%) Bajaj Finance has raised Rs 542.74 crore through the allotment of 5,450 Non-Convertible Debentures (NCDs), at face value of Rs 10 lakh each on private placement basis. The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE. The Debenture Allotment Committee of the Company has at its meeting held on March 19, 2025, 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.