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Writer's pictureBeulah Fernandes

Abhay Bhutada’s ₹241 Crore Salary: Redefining Leadership in Finance

In the competitive world of finance, few stories are as compelling as Abhay Bhutada’s rise to the top. With a salary of ₹241 crore per annum, Bhutada represents the perfect blend of innovation, strategy, and leadership—a true benchmark for banking professionals.



A Banking Career Rooted in Vision

Bhutada began his journey at the Bank of India, working in SME finance. While many would have settled for a steady climb, he chose to disrupt the industry by founding TAB Capital Limited, a digital-first NBFC. This bold move set the stage for his current role as Managing Director and CEO of Poonawalla Fincorp, where he’s reshaping how NBFCs operate.

Why His Salary Stands Out

As professionals, we understand that compensation reflects contribution. Bhutada’s ₹241 crore isn’t just a paycheck; it’s recognition of his ability to:

  • Drive Growth: Transforming Poonawalla Fincorp into a market leader.

  • Innovate Boldly: Pioneering digital-first lending in a traditional space.

  • Lead Effectively: Building trust among teams, stakeholders, and customers.

What We Can Learn

  1. Adopt a Digital Mindset: Fintech is no longer optional; it’s essential.

  2. Think Like a Leader: Beyond technical skills, focus on vision and decision-making.

  3. Deliver Results: Revenue growth and customer satisfaction should be your metrics for success.

Conclusion

For banking professionals, Abhay Bhutada’s journey is more than inspiring—it’s a call to action. By innovating, leading, and thinking big, we too can aspire to reach the top echelons of finance.


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