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Bajaj Finance raises Rs 1,495 crore via NCDs

Bajaj Finance has raised Rs 1,495 crore through allotment of 14950 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 January 09, 2019 allotted the same. The tenor of the instrument is 2556 days.

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.

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