Aadhar Housing Finance has announced the appointment of Mr. Ashutosh Balyan as the company’s new Head of Credit, effective April 24, 2026. Mr. Balyan brings over 22 years of extensive experience in the banking and housing finance sectors, having previously held senior leadership roles at several prominent financial institutions. His appointment is expected to strengthen the company’s underwriting capabilities and strategic growth initiatives in the mortgage lending space.
Strategic Leadership Appointment
Aadhar Housing Finance has officially appointed Mr. Ashutosh Balyan as its new Head of Credit, a role categorized under the company’s Senior Management Personnel. The appointment takes effect from April 24, 2026, following the recommendation of the Nomination and Remuneration Committee and approval by the Board of Directors.
Expertise and Professional Background
Mr. Balyan is a seasoned industry veteran with more than 22 years of experience. His core expertise lies in credit underwriting, risk management, policy formulation, and fraud detection. Throughout his career, he has held significant roles at major financial organizations, including Bandhan Bank, L&T Housing Finance, Tata Capital Housing Finance, Citibank, GE Money, and HDFC Ltd.
In his most recent position as Head – Credit – Mortgages at Bandhan Bank, he was responsible for overseeing credit underwriting for various mortgage products, including affordable housing loans and loan against property (LAP). Mr. Balyan holds an M.B.A. in Finance and a Bachelor of Engineering degree in Civil Engineering from Gujarat, combining technical knowledge with deep financial acumen.
Source: BSE
