Abhay Bhutada’s Plan to Boost Financial Growth in 2024

Context: Importance of leadership in financial sector growth.
Focus: Abhay Bhutada, MD of Poonawalla Fincorp, and his strategic plan for 2024.
Core Approach: Risk-adjusted methodology, prudent lending, robust asset quality.

1. Abhay Bhutada’s Plan to Boost
Financial Growth in 2024
Strategic Initiatives for Sustainable Financial Success

2. Context: Importance of leadership in financial sector growth.
Focus: Abhay Bhutada, MD of Poonawalla Fincorp, and his
strategic plan for 2024.
Core Approach: Risk-adjusted methodology, prudent lending,
robust asset quality.

3. Balanced Approach: Avoid high-risk
segments, focus on steady growth
areas.
Periodic Reviews: Update risk models
with latest economic data.
Outcome: Stable revenue, minimized
volatility.

A Risk-Adjusted Methodology

4. Extensive Database: Credit scores,
repayment histories, income levels.
Machine Learning: Predict future
credit behavior, assess default risk
accurately.
Continuous Data Enrichment:
Integrate new data sources, enhance
datasets.

Leveraging Data for Informed
Lending

5. Ongoing Portfolio Management:
Regular monitoring of KPIs.
Early Warning Systems: Detect
financial distress, take preemptive
measures.
Proactive Management: Low
non-performing assets (NPAs).

Ensuring Robust Asset Quality

6. Targeting Low-Risk Segments:
Bureau-tested customers, verifiable
cash flows.
Strategic Partnerships: Expand market
presence, reach creditworthy
customers.
Geographic Expansion: Identify
regions with growth potential.

Confident Growth Trajectory

7. High-Quality Assets: Low NPAs, high
repayment rates.
Continuous Improvement: Regular
reviews, feedback incorporation.
Transparency and Accountability:
Clear communication, strong
borrower support.

Performance of the New Loan
Book

8. Meticulous Planning: Coordination
across departments.
Rigorous Credit Assessment:
Multi-layered evaluation process.
Technology and Innovation: Advanced
analytics, digital platforms for
efficiency.

Strategic Execution and Future
Outlook

9. Understanding Customer Needs:
Tailored financial products and
services.
Digital Platforms: Enhanced service
delivery, customer engagement.
Building Trust: Transparent practices,
long-term relationships.

Customer-Centric Approach

10. Comprehensive Strategy:
Risk-adjusted approach, focus on
asset quality.
Indicators of Success: Reduced GNPA,
net NPA rates.
Future Outlook: Continuous
improvement, customer-centricity,
technological innovation.
Broader Impact: Financial stability,
industry benchmark, enhanced trust.

Conclusion

11. Thank you.