Bajaj Finance Plans ₹11,700 Crore QIP To Fund Growth
Bajaj Finance is reportedly preparing to raise up to ₹11,700 crore through a qualified institutional placement (QIP) to strengthen its capital base and finance future business expansion. According to CNBC-TV18, citing unidentified sources, the proposed institutional share sale could be offered at a modest discount to the prevailing market price. The fundraising comes after the non-banking…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
