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Bajaj Finance Raises ₹1,588 Crore by Selling Stake in Bajaj Housing Finance
Bajaj Finance sells 2% stake in Bajaj Housing Finance for ₹1,588 crore, part of portfolio re-alignment.
Bajaj Finance has raised ₹1,588 crore by selling nearly 2% of its stake in Bajaj Housing Finance. The transaction is part of Bajaj Finance’s strategy to re-align its investments and improve capital efficiency. The move also signals the company’s intent to streamline its portfolio while maintaining a focus on its core financial operations.