 "Housing finance, loans, home, NBFC, IBC, realty, real estate")
Bajaj Housing Finance (BHFL) plans to raise up to Rs 3,000 crore through non-convertible debentures (NCDs) and increase the share of market borrowing through banking funds. In December 2021, its borrowing mix was 61:39 between banks and markets, respectively.
The strategy is to create a balanced and sustained mix of borrowings, the company said in an investor presentation for the quarter ended December (Q3FY22).
The strategy is to create a balanced and sustained mix of borrowings, the company said in an investor presentation for the quarter ended December (Q3FY22).
Its overall borrowings stood at Rs 39,128 core, and the mix was 62:38 between banks and markets in September 2021.
India ratings has assigned “AAA” rating to the company's non-convertible debentures. The rating factors in the availability
