Bajaj Finance Ltd.

Bajaj Finance has raised Rs 5,120 crore through the allotment of 5,12,000 Secured Redeemable Non-Convertible Debentures (NCDs) at face value of Rs 1 lakh each on private placement basis. The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE. These NCDs carry an annual coupon rate of 7.65%. The Debenture Allotment Committee of the company has at its meeting held on January 27, 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.