Religare Housing Names Housing Finance Veteran Pavan K. Gupta as New CEO
New Delhi, June 28, 2026: Religare Housing Development Finance Corporation Limited (RHDFCL) has announced the appointment of Pavan K. Gupta as its new Chief Executive Officer, effective July 1, 2026. A housing finance industry veteran with more than 30 years of experience, Gupta will also take on the role of Managing Director to steer the company into its next phase of growth under the backing of its promoters, the Burman Group, RHDFCL said in a press release.
Gupta’s primary responsibilities will center on driving sustainable and profitable growth for the affordable housing finance company, which specializes in serving India’s underserved and informal economic segments. His immediate priorities include strengthening RHDFCL’s risk architecture, expanding the loan book, and diversifying its funding base. Additionally, he will lead a technology-driven transformation across loan origination, underwriting, and collections to improve overall efficiency and customer experience.
Welcoming the new chief executive, Indranil Choudhury, Group CHRO of Religare Enterprises Limited, expressed confidence in his leadership. “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,” Choudhury said.
Gupta joins RHDFCL from Muthoot Housing Finance Company Limited, where he most recently served as CEO. His career also features a notable nine-year tenure at a previous firm where he grew assets under management to ₹3,000 crore, expanded the branch network to 162 locations, and secured consecutive CRISIL rating upgrades to A+. His extensive background includes an additional 17 years holding senior leadership positions at Dewan Housing Finance Limited (DHFL), Deutsche Postbank Home Finance Limited, and BHW Birla Home Finance Limited.
Commenting on his new role, Gupta emphasized the social impact and business potential of the position. “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,” he said.
In addition to his corporate track record, Gupta holds an impressive academic profile. He is a Chartered Financial Analyst from ICFAI, Hyderabad, where he achieved an All India Rank of 1 in Level 3. He also earned an MBA in Marketing and Finance from Utkal University, graduating second in his university rank, following a first-class Bachelor of Science in Physics from the same institution. His professional accolades include being named among the Top 60 CEOs in India by StartupLanes in 2022 and being recognized as a Most Admiring BFSI Leader by the World BFSI Congress that same year.
