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Bajaj Finance MD Saha Quits After 3 Months

Mint Chennai

|

July 22, 2025

Bajaj Finance Ltd managing director Anup Saha has quit citing "personal reasons", just three months after his appointment, making longtime chief Rajeev Jain once again take over the reins at the non-bank financier.

- Shayan Ghosh

Saha, who had joined Bajaj Finance in 2017, was among the three names mentioned as contenders for the top job at IndusInd Bank, according to media reports. The bank has been looking for a chief executive since its former head quit following a debacle around accounting practices for its derivative portfolio.

The other two names, reportedly submitted by IndusInd Bank to the Reserve Bank of India for approval, include soon-to-retire Axis Bank deputy managing director Rajiv Anand and Rahul Shukla, who is "taking personal time off" from his role at HDFC Bank.

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The crypto trades that amplified gains are now turbocharging losses

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Sebi mulls easing FPI trade settlement

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Samsung India logs double-digit growth

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BSNL dials vendors for a fix as regulator flags weak signal

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RP-Sanjiv Goenka enters luxe fashion with FSP stake buy

PSG Ventures Ltd, part of the RP-Sanjiv Goenka Group, on Wednesday approved the acquisition of a 40% stake in FSP Design Pvt. Ltd, the company behind the luxury fashion label Falguni Shane Peacock (FSP), is marking its formal entry into India’s luxury apparel and lifestyle market.

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