+
Bajaj Housing Finance seeks time to list on bourses
ECONOMY & POLICY

Bajaj Housing Finance seeks time to list on bourses

The home finance division of Bajaj Finance, Bajaj Housing Finance, has asked the Reserve Bank of India (RBI) for more time to list on the local stock market, claiming that the October 2025 deadline is too soon for an HFC that is only five and a half years old.
According to numerous sources with knowledge of the situation, the request was made during a meeting of top NBFC executives on Friday with RBI governor Shaktikanta Das, deputy governors M Rajeshwar Rao and Swaminathan J, among others.

"Bajaj Housing has requested an extension.
They argue that since the company is just five and a half years old, there should be at least a 10-year track record before it can be listed.
One of the sources listed above remarked, "They also said they make all relevant disclosures with the holding company results, so what is the hurry in listing?"
However, a second person familiar with the conversations said that the regulator did not appear prepared to extend the deadline.

The home finance division of Bajaj Finance, Bajaj Housing Finance, has asked the Reserve Bank of India (RBI) for more time to list on the local stock market, claiming that the October 2025 deadline is too soon for an HFC that is only five and a half years old.According to numerous sources with knowledge of the situation, the request was made during a meeting of top NBFC executives on Friday with RBI governor Shaktikanta Das, deputy governors M Rajeshwar Rao and Swaminathan J, among others.Bajaj Housing has requested an extension.They argue that since the company is just five and a half years old, there should be at least a 10-year track record before it can be listed.One of the sources listed above remarked, They also said they make all relevant disclosures with the holding company results, so what is the hurry in listing?However, a second person familiar with the conversations said that the regulator did not appear prepared to extend the deadline.

Next Story
Real Estate

Rs 24.4 Trillion Worth Of Plots Launched Since 2022

Housing plots worth Rs 24.4 trillion have been launched across India’s top tier-I and tier-II cities between January 2022 and May 2025, driven by post-Covid demand for customisable living spaces, according to data from real estate analytics firm PropEquity.During this period, developers rolled out approximately 470,000 residential plots across ten cities—Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur, and Surat.Samir Jasuja, Founder and CEO of PropEquity, stated that the increasing popularity of residential plots stems from their liquidity and stronger ap..

Next Story
Infrastructure Urban

Wyndham, Cygnett To Add 60 Hotels Across South Asia

Wyndham Hotels & Resorts has entered into a strategic alliance with Indian hospitality group Cygnett Hotels & Resorts to significantly expand its presence across South Asia. The collaboration will bring Wyndham’s La Quinta and Registry Collection Hotels brands to India, with plans to develop over 60 hotels across India, Bangladesh, Sri Lanka, and Nepal in the next ten years.This move seeks to capitalise on the growth of India’s travel and tourism industry, fuelled by infrastructure investments, a growing middle class, and rising domestic and international tourism.Dimitris M..

Next Story
Infrastructure Urban

Marengo Asia To Invest Rs 1.5 Billion In West India Expansion

Marengo Asia Healthcare, a prominent multi-specialty hospital platform backed by marquee investors including Samara Capital, Havells Family Office, and the Godrej Family Office, has announced a strategic investment of Rs 1.5 billion to expand its presence into Maharashtra and Rajasthan. The move is part of the group’s wider vision to build a pan-India network by strengthening its operations across northern and western India.Currently operating around 1,500 beds across four hospitals in Delhi NCR and Gujarat, Marengo plans to double its bed capacity to 3,000 within the next 12 months. This wi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?