Three of India's top non-banking finance companies, including Bajaj Finance, have raised $1.3 billion through overseas bank loans to diversify funding amid tighter RBI regulations. Bajaj Finance, Cholamandalam Investment and Finance Co, and HDB Financial Services secured loans priced at 135 basis points over the three-month SOFR.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.