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Bajaj Finance MD Saha Quits After 3 Months
Mint Mumbai
|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.
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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