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ABHAY BHUTADA
ETMarkets Management Talk | Poonawalla to launch co-branded card in Q4, says MD Abhay BhutadaPoonawalla Fincorp plans to launch co-branded credit cards this quarter after receiving approval from the RBI. The credit cards will comple...- What were the drivers for Poonawalla Fincorp’s best ever performance? Abhay Bhutada answersAbhay Bhutada, MD of Poonawalla Fincorp, discusses the company's growth strategy and outlook. He highlights the consistent performance in d...
- Sebi fines Abhijit Pawar Rs 10 lakhs for alleged insider tradingA preliminary examination by Sebi revealed that Magma had made an announcement on February 10, 2021 on stock exchanges regarding the acquis...
- Poonawalla Fincorp gets RBI nod to issue credit cards with IndusInd BankPoonawalla Fincorp received RBI's approval to issue co-branded credit cards with IndusInd Bank, the company said in a press release on Tues...
- Poonawalla Fincorp sells controlling stake in housing finance arm to Singapore company for Rs 3,004 croreThe Cyrus Poonawalla Group, more known for its vaccine-making business under the Serum Institute, in a statement said the financial conside...
- We are quite confident of maintaining net NPA below one: Abhay Bhutada, Poonawalla FincorpIf you see secured currently it is 50:50 secured and unsecured but going further considering the opportunity available, we will do secured ...
- Poonawalla Fincorp Q4 Results: PAT jumps 103% YoY to Rs 181 crore, dividend declared of Rs 2/shareThe Board of Poonawalla Fincorp has recommended a dividend of Rs 2 per share (100% of face value) for FY23, subject to shareholders’ approv...
- Insider Trading: Sebi gives clean chit to Poonawalla Fincorp's BhutadaOn the basis of these alerts, Sebi conducted a probe and issued an ex-parte order on September 15, 2021 wherein 8 entities, including Bhuta...
- Sebi revokes securities market ban on Poonawalla Finance's MD Abhay Bhutada in insider trading caseSebi conducted a detailed investigation in the matter to ascertain the violations of securities laws, if any. Pursuant to the investigation...
- Poonawalla Fincorp CEO Vijay Deshwal steps down; to take up new role in Cyrus Poonawalla Group"Consequently, he has stepped down as the CEO of the Company and ceases to be a Key Managerial Personnel of the Company from the close of b...
- KPMG drops partner named in Magma insider trading caseKPMG India has terminated the services of Saumil Shah, one of its partners. The consulting firm took this step after Shah was named in an i...
- Named in Magma case, KPMG ousts partnerDays after managing director Abhay Bhutada quit following the Sebi action on insider trading in erstwhile Magma Fincorp shares, advisory an...
- Sebi bars Abhijit Pawar over insider trading allegationsIndia's capital-markets regulator has barred Abhijit Pawar, nephew of Nationalist Congress Party chief Sharad Pawar, from dealing in securi...
- Abhay Bhutada hasn't done anything as per lawyers, says Adar PoonawallaEarlier, Sebi barred Bhutada and seven other entities from the securities market for insider trading. The regulator also ordered impounding...
- Poonawalla Fincorp slides further 5% on MD’s resignationAbhay Bhutada resigned from the non-banking finance company (NBFC) a day after the Securities and Exchange Board of India (Sebi) barred him...
- Poonawalla Fincorp's Managing Director, Abhay Bhutada, resigns after SEBI actionBhutada will step down with immediate effect after the company's board accepted his Bhutada’s resignation, the company said in a statement ...
- Sebi bars Poonawalla Fincorp MD, 7 others from dealing in securitiesThe regulator has impounded the bank accounts of these individuals to the extent of Rs 13.58 crores.
- Poonawalla Fincorp to ride rating upgrade to cut costs, scale upLast month, Care upgraded Poonawalla Fincorp's rating by two notches to AA+ largely on account of improvement in the company's capital base...
- Vaccine king Adar Poonawalla forays into tech-enabled lendingThe one-year-old Poonawalla Finance has already disbursed Rs 1,500-crore personal loans in the range of Rs 2 lakh to Rs 30 lakh at rates th...
- Tab capital has launched a 10 minutes 2 wheeler loan disbursal productIn a statement to the media the company said that the initiative will use biometric technology, linked with a customer’s Aadhar details and...
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