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Bajaj Finance shares jump 2% as Rajeev Jain becomes VC, Anup Kumar gets MD post
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Bajaj Finance sees 2% rise after Rajeev Jain becomes VC, Anup Kumar new MD
Economy

Bajaj Finance sees 2% rise after Rajeev Jain becomes VC, Anup Kumar new MD

March 22, 2025 1 Min Read
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At 10:30 am today, the NSE reported that Bajaj Finance Limited’s shares were trading at ₹8,885.80, showing an increase of ₹206.15 or 2.38 per cent.

The company recently made some key leadership changes, as disclosed in a regulatory filing on March 20, 2025. Rajeev Jain is set to take on the role of Vice Chairman and Anup Kumar Saha will step in as the Managing Director, starting April 1, 2025. These appointments are pending shareholder approval.

Rajeev Jain, who has been with Bajaj Finance since 2007, initially serving as CEO and then as Managing Director in 2015, will now transition to the position of Vice Chairman in an executive capacity for three years.

Anup Kumar Saha, the current Deputy Managing Director at Bajaj Finance, will assume the responsibilities of Managing Director until March 31, 2028. He joined the company in 2017 and has a wealth of experience in the financial services sector spanning 25 years.

Bajaj Finance, a part of the Bajaj Finserv Group, caters to over 97 million customers across more than 4,200 locations in India. The company’s shares rose by 2% following the announcement of these leadership changes on the stock market.

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