IFC to invest up to Rs. 1000 Crore in Bajaj Finance via NCDs

The private lending arm of the World Bank, IFC (International Finance Corporation), is looking to invest up to 1,000 Cr (Approx) in Bajaj Finance Ltd, as per announcement by IFC. The International Finance Corpn will buy Bajaj Finance’s non-convertible debentures (NCDs), and the proceeds of the fund-raising will be utilized to lend to micro small […]

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