Bajaj Finance Limited (BFL) has announced a significant change in its senior management as part of the company's succession framework. Anupam Sirbhaiya, who held the position of President & Chief Human Resources and Administration Officer at BFL, has transitioned to a new role within the Bajaj Group.

Key Details of the Transition

Implications for Bajaj Finance

As a result of this transition, Anupam Sirbhaiya ceased to be a Senior Management Personnel of Bajaj Finance Limited effective November 1, 2025. This move is part of the company's broader succession strategy, indicating a planned approach to leadership transitions within the Bajaj Group.

Regulatory Compliance

Bajaj Finance Limited has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the stock exchanges about this change in senior management.

Broader Context

This strategic movement of a senior executive between Bajaj Finance and Bajaj Finserv highlights the interconnected nature of operations within the Bajaj Group. Such intra-group transfers can facilitate knowledge sharing and ensure continuity in leadership across the group's various entities.

The transition of a key human resources executive to a group-level position may also signal potential changes or alignments in HR strategies across the Bajaj Group companies. However, the specific implications of this move on the broader organizational structure or strategies of Bajaj Finance and Bajaj Finserv remain to be seen.

As companies continue to evolve their leadership structures to meet changing business needs, such strategic movements of senior executives are not uncommon, especially within large corporate groups.

In a significant move that could reshape India's digital financial landscape, Bharti Airtel and Bajaj Finance have announced a strategic partnership aimed at creating one of the country's largest digital platforms for financial services. This collaboration brings together Airtel's extensive customer base and distribution network with Bajaj Finance's diverse product portfolio and physical presence.

Key Partnership Details

Partnership Objectives and Offerings

The partnership is set to leverage the strengths of both companies to create a comprehensive digital financial services platform. Airtel plans to integrate Bajaj Finance's retail financial products into its ecosystem, making them available through the Airtel Thanks App and eventually through its nationwide store network.

Initial Product Rollout

The collaboration aims to begin with the introduction of four key financial products:

1. Gold Loan
2. Business Loan
3. Co-branded Insta EMI Card
4. Personal Loan

These products are expected to be available by March, with plans to expand the offering to ten financial products within the calendar year.

Airtel-Bajaj Finserv Insta EMI Card

A highlight of this partnership is the Airtel-Bajaj Finserv Insta EMI card, which aims to provide customers with flexible EMI options. Key features include:

• Access to EMI options at over 1.5 lakh partner stores
• Coverage across 4,000+ cities in India

Bajaj Finance Q3 Financial Performance

In addition to the partnership announcement, Bajaj Finance Limited reported financial results for Q3:

• Consolidated profit after tax increased by 18% to ₹4,308.00 crore, up from ₹3,639.00 crore in the same quarter of the previous year
• New loans booked at 12.06 million
• Quarterly customer franchise increase of 5.03 million, bringing total customer base to 97.12 million
• Consolidated assets under management grew 28% to ₹398,043.00 crore
• Gross NPA of 1.41% and net NPA of 0.61% as of December 31

Corporate Actions and Leadership Changes

Bajaj Finance also announced several corporate actions:

• Allotment of 1,50,000 secured NCDs worth ₹1,501.67 crore
• Equity share allotments under ESOP schemes
• Rajeev Jain elevated to Vice Chairman
• Anup Kumar Saha appointed as Managing Director effective April 1, 2025
• Acquired 7% stake in RMBS Development Company Limited

This strategic alliance between Bharti Airtel and Bajaj Finance, coupled with Bajaj Finance's financial performance, represents a significant step towards digital financial inclusion in India. By combining Airtel's vast customer reach with Bajaj Finance's diverse financial products and robust financial health, the partnership has the potential to make financial services more accessible to a broader segment of the Indian population.