Sanjiv Bajaj, the chairman of Bajaj Finserv, believes that long-term projects should be funded through the debt market. This approach can help companies secure the necessary funds to support their initiatives without putting excessive strain on their balance sheets.
Bajaj emphasizes the importance of using debt financing for projects that require significant capital investment over an extended period of time. By tapping into the debt market, companies can access a stable and reliable source of funding that can be repaid gradually over the life of the project.
According to Bajaj, relying on debt financing can also help companies take advantage of favorable interest rates and terms, which may not be available through other financing options. By carefully managing their debt obligations, companies can optimize their capital structure and improve their overall financial health.
Overall, Bajaj’s perspective underscores the benefits of leveraging the debt market for long-term projects. By strategically utilizing debt financing, companies can effectively fund their initiatives while maintaining financial stability and flexibility.