Posts

Showing posts with the label #financeassetquality #NIM #nbfc #finance inclusion #AUM growth

Unraveling the Factors Behind the Poonawalla Fincorp’s Historic Disbursement Performance

Image
In the fast-paced world of finance, where success stories often seem like elusive mirages, one name stands out—Abhay Bhutada. Over the last 2.5 years, Bhutada's Non-Banking Financial Company (NBFC) has achieved something remarkable, recording the highest-ever disbursement figures. So, what's the secret sauce behind this unprecedented success? Let's delve into the intricacies of Bhutada's strategic approach and the unique segment his NBFC has targeted. The Strategy Unveiled: Since the acquisition, Bhutada has diligently carved out a clear strategy for his NBFC. Unlike traditional financial institutions, the focus is not solely on one domain. Instead, the chosen segment is a hybrid of FinTech, bank, and NBFC. The array of financial products offered by Bhutada's NBFC spans pre-owned car loans, loans against property, personal loans, business loans, supply chain finance, machinery loans, medical equipment loans, and consumer finance. This diverse portfolio reflects a nu...

How Maintaining Asset Quality Helped Abhay Bhutada Led Poonawalla Fincorp Show Strong Numbers

Image
Navigating the complexities of the finance world which demands more than just skill; a strategic mindset. In this landscape, where uncertainties loom large, leaders like Abhay Bhutada shine through. Poonawalla Fincorp, under Bhutada's guidance, has not only weathered storms but has thrived. What sets them apart? The answer lies in a foundational principle – the unwavering commitment to maintaining the quality of their assets. Let's delve into the story behind Poonawalla Fincorp's success and the significance of asset quality in this journey. Understanding Asset Quality Asset quality is essentially about the health of a company's money matters. Imagine a company's assets as its financial backbone. Understanding asset quality is like checking how sturdy and reliable that backbone is. At Poonawalla Fincorp, led by Abhay Bhutada, they make sure the loans they give out are secure and given to people who can pay them back. It's like making sure the money they lend out...