
Life Insurance Corporation of India has subscribed to debentures issued by Bajaj Finance, committing ₹5,120 crore in a transaction completed on 27 January 2026.
The investment is not a related party deal and requires no regulatory approval. The funds will be used for general business purposes, reflecting continued institutional interest in India’s financial sector.
LIC subscribed to 512,000 debentures of Bajaj Finance, each carrying a face value of ₹1 lakh. The total value of the transaction stands at ₹5,120 crore, as disclosed in a stock exchange filing. The investment was executed on 27 January 2026.
The insurer clarified that this transaction does not fall under related party dealings. Additionally, neither LIC’s promoters nor its promoter group hold any stake in Bajaj Finance.
Bajaj Finance stated that the proceeds raised through the debenture subscription will be deployed for general business purposes. No governmental or regulatory clearances were required to complete the transaction.
Bajaj Finance is a subsidiary of Bajaj Finserv and operates as a deposit-taking non-banking financial company. It is registered with the Reserve Bank of India and classified as an NBFC–Investment and Credit Company, focusing on lending and investment activities.
LIC’s shares were trading at ₹808.90 in the morning session on 28 January 2026, marking a slight increase from the previous close of ₹807.80. The stock opened and remained steady at ₹808.90 during the reported trading window.
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LIC’s investment in Bajaj Finance debentures highlights continued institutional participation in corporate debt markets. While the funds will support Bajaj Finance’s business operations, the transaction also reflects steady engagement between major financial institutions and India’s non-banking finance sector.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 28, 2026, 9:19 AM IST

Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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