March 19, 2025
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Bajaj Auto to invest Rs 1500 crore in credit unit
(20 second reading) Bajaj Auto has approved an infusion of up to ₹1,500 crore into its subsidiary, Bajaj Auto Credit (BACL), in multiple tranches. This investment will drive significant growth in BACL’s assets under management (AUM) in FY2025-26, following its national expansion in FY2024-25. To meet capital adequacy requirements, BACL will receive additional Tier-1 and Tier-2 capital. As of March 31, 2024, BACL reported a turnover of ₹16.65 crore and a net worth of ₹258.23 crore.
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