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Board of Bajaj Finance approves proposal to raise funds by issue of NCDs

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Capital Market

At meeting held on 27 October 2016

The Board of Directors of Bajaj Finance at its meeting held on 27 October 2016 have approved a proposal to seek shareholders approval for raising of funds by issue of non-convertible debentures or such other securities as a part of the proposed increase in overall borrowing limits of the Board from Rs 50000 crore to Rs 75000 crore.

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First Published: Oct 27 2016 | 2:32 PM IST

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