NDTV ProfitMarketsBajaj Finance Set To Launch Rs 8,000-Crore QIP Next Week: Exclusive
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Bajaj Finance Set To Launch Rs 8,000-Crore QIP Next Week: Exclusive

The non-bank lender plans to boost its capital adequacy ratio and consumer lending business, according to two persons in the know.

01 Nov 2019, 08:16 PM IST
NDTV Profit
NDTV Profit
Indian two thousand rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
Indian two thousand rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
Bajaj Finance Ltd. plans to launch its Rs 8,000-crore qualified institutional placement offer within a week as it plans to boost its capital adequacy ratio and consumer lending business, according to two persons privy to the development.The management of the non-bank lender is expected to conclude meetings with investment bankers and roadshows with domestic funds today, one of the persons cited earlier said.Bajaj Finance refused to c...
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