Bajaj Finance has set ambitious targets to expand its loan book to ₹10 lakh crore by FY29, signaling strong growth plans in India’s non-banking financial sector. Alongside this, the company aims to achieve profits of approximately ₹43,000 crore, reflecting its focus on scaling operations while maintaining healthy returns. The growth strategy underscores Bajaj Finance’s commitment to strengthening its market presence across retail, SME, and consumer lending segments.

The company’s expansion plan is expected to be supported by its diversified loan portfolio, robust risk management practices, and strong customer base. Bajaj Finance has consistently leveraged technology-driven solutions, including digital lending platforms, to enhance reach and efficiency. Analysts believe that these capabilities will be crucial in achieving the projected loan growth and profitability targets over the next four years.

In parallel with its growth ambitions, Bajaj Finance is grooming an internal candidate to succeed the current Managing Director when the leadership transition occurs. By focusing on internal succession planning, the company aims to ensure continuity in strategic vision, operational efficiency, and corporate culture. Industry experts note that promoting from within can help maintain investor confidence and support long-term stability during periods of rapid expansion.

The lender’s performance metrics have consistently outpaced peers, and its strategic initiatives, such as targeted product offerings and customer-centric approaches, are expected to drive further growth. By expanding its loan book, Bajaj Finance also intends to tap into underserved markets, including Tier-2 and Tier-3 cities, where credit penetration remains moderate.

With a combination of aggressive growth plans, technological adoption, and careful succession planning, Bajaj Finance is positioning itself for sustained leadership in India’s NBFC sector. Investors and market observers will closely watch the company’s progress toward its ₹10 lakh crore loan book goal, as it reflects both the firm’s ambition and the evolving dynamics of India’s lending landscape.