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Rajeev Jain, managing director, Bajaj Finance
Synopsis
Bajaj Finance is staring at scale-driven challenges amid rising competition. Its leadership shuffle echoes HDFC Bank’s post-Aditya Puri transition. With Rajeev Jain back at the helm, can history repeat — or will the landscape write a new ending?
For more than two decades, nothing could go wrong with HDFC Bank as it delivered earnings that was more consistent and reliable than the Toyota assembly line churning out cars. On the other side of the financial services spectrum was Bajaj Finance. Economic slowdown or regulatory policy tightening, Bajaj Finance marched on. Then came the jolt for the most valuable bank. Not from bad loans like every other bank, but from leadership transition and
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Aug 01, 2025, 04:00:00 AM IST
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