Bajaj Housing finance raises Rs 45 billion

10 May 2024 CW Team

Bajaj Housing Finance has successfully raised Rs 45 billion through bonds, highlighting investor confidence in the company's financial stability and growth prospects. This significant fundraising effort underscores Bajaj Housing Finance's strategic approach to capital management and its ability to access diverse sources of funding.

The Rs 45 billion raised through bond issuance will provide Bajaj Housing Finance with additional liquidity to support its lending activities and fuel its expansion plans. The funds will be utilised to meet the growing demand for housing finance solutions and to strengthen the company's position in the competitive market.

The successful bond issuance reflects investor confidence in Bajaj Housing Finance's strong credit profile and prudent risk management practices. The company's track record of profitability and its commitment to maintaining high standards of governance have contributed to its attractiveness as an investment opportunity.

Bajaj Housing Finance's ability to raise substantial funds through bonds demonstrates its resilience and agility in navigating market conditions and capitalising on growth opportunities. The company's proactive approach to fundraising underscores its commitment to enhancing shareholder value and driving sustainable growth.

As Bajaj Housing Finance continues to expand its presence in the housing finance sector, stakeholders can expect the company to leverage its strengthened financial position to pursue strategic initiatives and deliver value to its customers and investors alike.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..