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Atul Jain, a 52-year-old veteran of the Bajaj Group, has played a crucial role in the success of Bajaj Housing Finance.
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Under his leadership, the company has achieved a compound annual growth rate (CAGR) of 31% in assets under management (AUM) over the past three years.
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Jain aims to build an industry-relevant mortgage player in 3-4 years, focusing on lending, risk management, and collections.
Atul Jain, the CEO and MD of Bajaj Housing Finance, has been instrumental in the company’s success. With over three decades of experience in the non-banking space, Jain has led the development of a best-in-class low-ticket collections model, significantly reducing losses and improving overall performance.
Under Jain’s leadership, Bajaj Housing Finance has emerged as one of the top private mortgage players among HFCs in India. The company has reported a net profit of Rs 1,731 crore for FY24, marking a 38% year-on-year increase. Jain’s extensive career includes diverse leadership roles within the company, showcasing his expertise in lending, risk management, and collections.
Jain’s vision is to build an industry-relevant mortgage player in 3-4 years, providing various loan options, including home loans, loans against property, and construction finance. With his strategic guidance, Bajaj Housing Finance is poised for continued growth and success.
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