MUMBAI, Feb 17 (Reuters) - India's Bajaj Finance plans to raise funds by selling commercial papers
maturing in three months, three merchant bankers said on Friday.
The non-banking financial company will offer a yield of
7.60% on the issue, and has received commitments worth around 17
billion rupees ($205.32 million) so far, the bankers said.
The notes are rated A1+ by CRISIL.
($1 = 82.7970 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Sherry
Jacob-Phillips)
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