PUNE – In a significant boost to its corporate governance and regulatory oversight, Bajaj Housing Finance Limited has announced the appointment of Ajay Kumar Choudhary as an Additional Director (Independent).
The appointment, finalized by the Board on February 2, 2026, is set to take effect from March 1, 2026, for a five-year tenure. The move brings a heavy hitter from the central banking world into the leadership fold of one of India’s most successful housing finance companies.
A Regulatory Powerhouse
Shri Ajay Kumar Choudhary is a distinguished veteran of the Reserve Bank of India (RBI), where he served for over three decades before retiring as Executive Director in October 2023. His entry into the Bajaj ecosystem is seen as a strategic step to align the company’s operations with evolving financial regulations.
His Core Expertise Includes:
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Banking Regulation & Supervision: Deep understanding of the compliance frameworks governing NBFCs and HFCs.
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Fintech & Payments: Expertise in digital transformation and payment systems.
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NPCI Leadership: He currently serves as the Non-Executive Chairman of the National Payments Corporation of India (NPCI).
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Existing Ties: He already serves as an Independent Director for the parent entity, Bajaj Finance Limited.
Record Profits: A Strong Backdrop
The appointment comes at a time of exceptional financial health for the company. Alongside the board update, Bajaj Housing Finance released its Q3 FY26 results, showcasing robust growth:
| Metric | Q3 FY26 Performance | Year-on-Year (YoY) Change |
| Net Profit | ₹665 Crore | +21% |
| Asset Quality | Maintains industry-leading standards | Stable |
Strategic Implications
By inducting a former RBI Executive Director, Bajaj Housing Finance is signaling to the market and regulators its commitment to “gold-standard” compliance. As the housing finance sector faces increased scrutiny regarding liquidity and digital lending practices, Choudhary’s experience in fintech and supervision will be invaluable in navigating the next phase of the company’s expansion.
The appointment is now pending formal ratification by the company’s shareholders.
