Bajaj Finance Allots NCDs Worth ₹7.6 Billion via Private Placement

Bajaj Finance Ltd has successfully allotted Non-Convertible Debentures (NCDs) aggregating ₹7.6 billion on a private placement basis. The NCDs, issued at a face value of ₹1,00,000 each, are part of the company’s strategy to strengthen its borrowing profile and fund future growth initiatives.

This move underscores Bajaj Finance’s robust financial management as it continues to expand its lending portfolio across retail, SME, and commercial segments. With its strong capital adequacy ratio and low NPAs, the company remains well-positioned to sustain growth momentum in FY2025-26.

Further details on coupon rates and maturity are awaited from the company.