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Business News›Markets›Stocks›News›Bajaj Housing raises Rs 509 crore via NCDs at 7.10%
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    Bajaj Housing raises Rs 509 crore via NCDs at 7.10%

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    Bajaj Housing raises Rs 509 crore via NCDs at 7.10%
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    Synopsis

    Bajaj Housing Finance has successfully raised ₹509 crore through non-convertible debentures. This move follows a period of strong business growth for the company. Their assets under management saw a significant increase of 23% year-on-year. The mortgage lender also reported a substantial rise in disbursements during the third quarter, indicating robust performance and expansion in their operations.

    Bajaj Housing FinanceETMarkets.com

    The company disbursed about ₹16,500 crore in the third quarter as compared with ₹12,600 crore in the year ago period

    Kolkata: Bajaj Housing Finance, which has seen a healthy business growth in the third quarter, on Monday raised ₹509 crore in non-convertible debentures at 7.10% coupon. The bond, placed privately with investors, will mature on October 16, 2028, the company said. The mortgage lender grew its assets under management by 23% year-on-year to ₹1.33 lakh crore as on December 31, 2025. The company disbursed about ₹16,500 crore in the third quarter as compared with ₹12,600 crore in the year ago period.

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