Bajpeyi has over 30 years of banking experience in India and Indonesia, which includes leadership roles in credit & risk management, corporate & investment banking and distressed asset management with global and Indian financial institutions.

He joins IndusInd Bank from RBL Bank where he worked as head of corporate finance and previously as head of risk, CIB. Prior to that he worked with IDFC as deputy chief risk officer, Nomura Securities as MD/ head of risk management, India and Deutsche Bank as head of corporate & investment bank in Chennai, amongst others.

As a founding team member at IDFC Bank and at Nomura India, prior to that, he played a key part in rolling out a significant franchise for these organizations. He gained exposure to key global financial markets as a member of global risk executive committee of Nomura. Bajpeyi has extensive experience in building teams, implementing change and managing a complex portfolio of assets.

Bajpeyi has a bachelor's degree in technology (hons.) from Indian Institute of Technology, Kharagpur and a post graduate diploma in management from Indian Institute of Management, Bangalore.

IndusInd Bank caters to both consumer and corporate customers. As of 31 March 2023, the bank's distribution network included 2,606 branches/ banking outlets and 2,878 onsite and offsite ATMs. The client base stood at approximately 34 million as on 31 March 2023.

The private lender's standalone net profit surged 49.89% to Rs 2,040.51 crore on 24.7% rise in total income to Rs 12,171.22 crore in Q4 FY23 over Q4 FY22.

The scrip rose 1.39% to end at Rs 1334 on the BSE.