Bajaj Finance Seeks Up to $500 Million Loan Offshore Amid Stricter RBI Regulations
Bajaj Finance, the biggest non-banking financing company by market value, is strategically adjusting to negotiate recent Reserve Bank of India (RBI) regulation reforms. Significantly in the non-banking finance industry, the corporation intends to borrow up to $500 million offshore. This is a reaction to more stringent domestic lending criteria, which forces shadow banks to look…