Board of Bajaj Finance decides to set up a housing finance subsidiary

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Capital Market
Last Updated : Sep 10 2014 | 5:50 PM IST

At meeting held on 10 September 2014

Bajaj Finance announced that the Board of Directors of the Company at its meeting held on 10 September 2014, has reviewed the performance of the Company's mortgage business spanning across Loan Against Property / Home Loans & Lease Rental Discounting and has approved the formation of a Housing Finance Company as a wholly owned subsidiary of Bajaj Finance and authorised the management to initiate formalities for setting up the same.

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First Published: Sep 10 2014 | 5:12 PM IST

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