Religare Housing Development Finance Corporation names Pavan K. Gupta as CEO

Religare Housing Development Finance Corporation Limited (RHDFCL), a Housing Finance Company (HFC) and a step-down subsidiary of Religare Enterprises Limited (REL), has announced the appointment of Pavan K. Gupta as its Chief Executive Officer (CEO). He brings over three decades of experience in building, scaling, and transforming housing finance and mortgage businesses across India.

Before joining RHDFCL, Gupta served as CEO of Muthoot Housing Finance Company Limited. Prior to this, he spent 17 years across Dewan Housing Finance Limited (DHFL), Deutsche Postbank Home Finance Limited, and BHW Birla Home Finance Limited, progressing through senior roles including Business Head, South & West and Head of International Business at DHFL.

In his new role, Gupta's priorities will include diversifying RHDFCL's funding base, maintaining strong capital and ALM discipline, and leading technology-enabled transformation across origination, underwriting, and collections to enhance efficiency and customer experience.

Indranil Choudhury, Group CHRO, Religare Enterprises Limited said, “We are pleased to welcome Pavan as CEO of RHDFCL. He is a known industry veteran and someone who has navigated the full cycle of a housing finance business, from the ground up to meaningful scale. RHDFCL is entering an important growth phase, and Pavan's deep understanding of the sector, coupled with his hands-on leadership approach, makes him the right person to lead this journey. With Religare's strong financial foundation and the steadfast support of our promoters, we are committed to building a scalable and customer-focused housing finance franchise. We look forward to working closely with Pavan as we strengthen RHDFCL's position in the affordable housing finance market."

In his previous stint of nearly nine years, Gupta led a significant business transformation, growing Assets Under Management to ₹3,000 crore, strengthening profitability and asset quality, securing successive CRISIL rating upgrades to A+, expanding the branch network to 162 locations, and diversifying the company's funding profile through multiple capital market instruments.

Pavan K. Gupta, Chief Executive Officer, RHDFCL, said, "I am delighted to join RHDFCL at what is clearly a defining moment in its journey. The opportunity to build a resilient, technology-enabled housing finance franchise that genuinely serves underserved and informal-sector families is one I find deeply meaningful. I look forward to working with the team to strengthen our fundamentals, scale with disciplined governance, and create lasting value for all our customers, employees, and stakeholders."