Company updateFinancial Express
NBFCs issue warrants to fund growth phase
Positive+16
GreyOak summary
Bajaj Finance allotted Rs 5,800 crore in warrants, while IIFL raised Rs 6,414 crore. These infusions aim to strengthen capital adequacy ratios and support future organic growth.
What it affects
- Financial ServicesPositive +16
Sector funds growth via warrant issuances.Rolling sentiment Positive +29
