Anoop Kumar Saha, managing director of Bajaj Finance Restricted, has resigned from his put up. It has turn out to be efficient since July 21. He did this because of non-public causes. Saha has additionally resigned from the put up of director within the corporate’s board. The board has additionally licensed his resignation. The corporate has advised the inventory markets that the board has appointed Rajiv Jain as Vice Chairman and Managing Director of the corporate in accordance with the advice of the Nomination and Remuneration Committee.
Jain is already govt vice president. Now he’ll additionally take over the extra accountability of the managing director right through the remainder of his tenure. Jain’s time period ends on 31 March 2028. Saha thanked Bajaj Finance’s board, control workforce and the entire stakeholders of the corporate for his or her fortify and accept as true with of their resignation.
Bajaj Finance stocks closed in upward push
On July 21, Bajaj Finance’s inventory on BSE received 0.75 p.c to near at Rs 948.95. The corporate’s marketplace cap is with regards to Rs 6 lakh crore. The inventory has climbed 37 p.c in a 12 months and 30 p.c in 6 months. Promoters had 54.73 p.c stake within the corporate as of 17 June 2025. The thirty eighth annual common assembly of Bajaj Finance is scheduled to be hung on 24 July.
AUM higher via 25 p.c in June quarter
By way of 30 June 2025, Bajaj Finance Property Underneath Control (AUM) higher via 25% on an annual foundation to about Rs 4.41 lakh crore. The buyer quantity higher from 8.81 crores to ten.65 crores 365 days in the past. April – June 2025 Within the quarter, 46.9 lakh new consumers had been added. The brand new mortgage reserving additionally higher via 23 p.c to one.35 crores on a year-on-year foundation right through the quarter. The deposit higher via 15 p.c to Rs 72100 crore.