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  Abhay Bhutada frequently reflects on his tenure at Poonawalla Fincorp with a sense of having exceeded expectations. This conviction is supported by significant performance metrics and strategic milestones achieved during his leadership. Let’s explore why Bhutada believes he has consistently over-delivered and review the impressive progress of Poonawalla Fincorp under his guidance. Visionary Leadership and Ambitious Goals Upon assuming leadership at Poonawalla Fincorp, Abhay Bhutada introduced a transformative vision centered on growth and excellence. His strategic foresight and unwavering drive have been instrumental in the company’s success. Bhutada's leadership style is characterized by setting ambitious goals and consistently surpassing them. Expanding Market Presence Expanding Poonawalla Fincorp's market footprint has been a primary focus for Abhay Bhutada . “We operate at 102 branches, and our market share is growing significantly. Going forward, we are confident in achi

  India's financial landscape witnessed a groundbreaking event with the strategic alliance between Poonawalla Fincorp and IndusInd Bank. This powerful partnership introduced the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, a product designed to elevate customer experiences and broaden market horizons. Under the visionary leadership of Abhay Bhutada, MD of Poonawalla Fincorp, this collaboration reflects the company's commitment to digital innovation and a customer-centric approach. To understand the strategic trajectory of Poonawalla Fincorp and its broader implications, we delve into Bhutada's grand vision and the company's remarkable financial achievements. Enhancing Customer Experience The launch of the co-branded credit card is a significant leap forward in the partnership between Poonawalla Fincorp and IndusInd Bank. This strategic collaboration merges the strengths of both institutions to create a financial marvel aimed at supercharging custo

  The financial sector's trajectory is significantly shaped by the strategic visions of its leaders. Abhay Bhutada, MD of Poonawalla Fincorp, has outlined an ambitious yet meticulously crafted plan to bolster the company’s financial outlook for 2024. His strategy is founded on a risk-adjusted methodology, emphasizing cautious lending practices and stringent asset quality management. Embracing a Risk-Adjusted Approach At the heart of Bhutada’s strategy is a risk-adjusted approach. Unlike many financial institutions that venture into high-risk segments or extend credit to new-to-credit customers, Bhutada’s plan deliberately avoids these areas. He recognizes the inherent risks of lending to individuals without established credit histories or those with higher default probabilities, and thus steers clear of these risky propositions. Also Read: Next Steps for Poonawalla Fincorp After Abhay Bhutada's Shift to Non-Executive Director Leveraging Data for Informed Lending Decisions A co

  The dynamic realm of finance is replete with success stories that stand out, captivating attention and admiration. Poonawalla Fincorp Limited, under the astute leadership of Mr. Abhay Bhutada , has scripted one such remarkable tale of triumph. As the curtains drew on FY24, Poonawalla Fincorp proudly unveiled its audited financial results, showcasing a stellar performance that set new benchmarks in the non-banking financial sector. Unprecedented Achievements Amidst a landscape of economic fluctuations, Poonawalla Fincorp achieved unparalleled milestones in FY24. The company's quarterly disbursement soared to a staggering ₹9,688 crore, marking a remarkable 52% year-on-year increase and an impressive 11% quarter-on-quarter growth. This exceptional growth trajectory extended to its Assets Under Management (AUM), which surged to ₹25,003 crore, reflecting a robust 55% year-on-year escalation and a notable 14% quarter-on-quarter rise. Also read: Unveiling Abhay Bhutada: A Leader’s Inspi

  In the world of finance, our spending habits often reflect more than just our budget. Have you ever found yourself reaching for something you didn't plan to buy? Understanding impulse buying goes beyond mere financial decisions; it delves into the depths of human psychology. Let's unravel the intricacies of why we sometimes spend impulsively and how we can regain control. Exploring Impulse Buying Behavior The Instant Gratification Conundrum It's no secret that humans crave instant gratification. We're wired to seek pleasure and avoid pain, a concept deeply ingrained in our evolutionary history. When we make impulsive purchases, we're often chasing that immediate sense of satisfaction. Whether it's a trendy gadget or a tempting treat, the promise of instant pleasure can override our rational thinking. Also Read: Who is Abhay Bhutada? The Influence of Emotions Our emotions play a significant role in our spending habits. Whether we're feeling stressed, bored,