Bajaj Finance raises Rs 1189.30 crore via NCDs

Bajaj Finance has raised Rs 1189.30 crore through allotment of 11893 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh each. The Debenture Allotment Committee of the company at its meeting held on December 27, 2018 allotted the same.

Bajaj Finance, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 19 million customers across the country.