Bajaj Housing Finance announced the appointment of Ajay Kumar Choudhary as an Additional Director (Independent) effective March 1, 2026, for a 5-year term. The company reported a 23% YoY growth in Assets Under Management to ₹1,33,412 crore. Net Total Income increased by 24% to ₹1,153 crore for Q3 FY26. Profit after tax increased to ₹665 crore, a 21% YoY increase.
Independent Director Appointment
Ajay Kumar Choudhary has been appointed as an Additional Director (Independent) of Bajaj Housing Finance, effective March 1, 2026, for a tenure of 5 consecutive years, pending member approval. Mr. Choudhary’s appointment follows the recommendation of the Nomination and Remuneration Committee. He has over three decades of experience at Reserve Bank of India (RBI).
Q3 FY26 Financial Performance Highlights
Bajaj Housing Finance reported significant growth in its financial performance for Q3 FY26, with key highlights including:
- Assets Under Management (AUM) grew by 23% YoY, reaching ₹1,33,412 crore as of December 31, 2025.
- Net interest income (NII) increased by 19% to ₹963 crore.
- Net total income rose by 24% to ₹1,153 crore.
- Profit before tax (PBT) increased by 21% to ₹865 crore.
- Profit after tax (PAT) increased by 21% to ₹665 crore.
Key Financial Ratios
- Gross NPA stood at 0.27%, while Net NPA was 0.11% as of December 31, 2025.
- The capital adequacy ratio was 23.15%.
Credit Ratings
Bajaj Housing Finance maintains the highest credit ratings, including AAA/Stable for its long-term debt program and A1+ for its short-term debt program from CRISIL and India Ratings.
Source: BSE
