Bajaj Housing Finance files papers with SEBI for Rs 7,000 crore IPO; move in line with RBI norms for 'upper layer' NBFCs

The share sale is being conducted to comply with RBI regulations, which require upper-layer non-banking finance companies to be listed on stock exchanges by September 2025. Proceeds from the fresh issue will be used to augment the company’s capital base to meet future capital requirements. 
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