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Board of Bajaj Finance to consider revision limits approved for ECBs

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Capital Market

On 22 October 2019

Bajaj Finance announced that with reference to the Board of the company approving on 16 May 2019 borrowing by way of external commercial borrowing (ECB) for an aggregate amount up to USD 750 million, the Board at its meeting scheduled on 22 October 2019 will consider revision in the aforementioned limits approved for External Commercial Borrowings by way of way of loan and/or issuance of secured/unsecured notes, bonds, debenture, etc. subject to approval and directions issued by Reserve Bank of India, from time to time, within the overall borrowing limit as approved by the shareholders, from time to time.

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First Published: Oct 17 2019 | 9:52 AM IST

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