Bajaj Finance Ltd, founded in 1987 and headquartered in Pune, India, operates as a leading non-banking financial company (NBFC) aiming to provide a diverse range of financial services. It specializes in consumer finance, SME loans, and commercial lending, along with investments in fixed deposits and mutual funds.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Bajaj Finance began its bond issuance in 2006, with notable issuances including its recent ?3,000 crore bond offer in March 2023, which achieved a robust subscription rate. The company's bonds are typically structured as secured and unsecured, with yields often competitive against industry benchmarks. As of October 2023, Bajaj Finance's recent bond offerings have seen yields ranging around 7.50% to 8.50%, reflecting strong credit ratings and investor confidence in its financial stability amid evolving market conditions.