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Showing posts from November, 2024

Leading by Example: How Abhay Bhutada’s Salary Reshapes Banking Careers

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  In the banking world, few things signal change like a high-profile salary. Abhay Bhutada , former MD of Poonawalla Fincorp, has redefined what’s possible for finance and banking professionals in India. His substantial compensation is more than just a figure; it’s a reflection of the industry’s shift towards rewarding high-level expertise and a digital-first approach in finance. Valuing Expertise and Commitment in Banking Bhutada’s career trajectory highlights the impact of specialized knowledge and leadership, qualities that banking professionals understand well. His compensation is a recognition of the expertise and strategic planning required to navigate today’s financial landscape—skills that resonate across banking and finance. For those of us in banking, this trend suggests a promising shift towards valuing expertise and rewarding skill with substantial, competitive salaries. Setting a New Standard for Industry Salaries His salary serves as a new benchmark within the Indian fin