Pankaj Deshmukh
About Pankaj Deshmukh
Pankaj Deshmukh is a Deputy Manager at IndusInd Bank, where he has worked since 2015. He manages a portfolio valued at 16.50 Crores and specializes in tractor finance, sales, and marketing in the Bhandara area of India.
Current Role at IndusInd Bank
Pankaj Deshmukh serves as a Deputy Manager at IndusInd Bank, a position he has held since 2015. He operates in the Bhandara area of India, where he administers a portfolio valued at 16.50 Crores. His responsibilities include managing sales, marketing, and collections operations. Pankaj leads a team of three members in the collections department, focusing on enhancing operational efficiency and achieving business objectives.
Previous Experience at Magma Fincorp Ltd.
Prior to his current role, Pankaj Deshmukh worked at Magma Fincorp Ltd. as a Senior Sales Executive from 2013 to 2015 in the Nagpur area. During his two years there, he developed skills in sales and customer relations, contributing to the company's growth in the competitive financial services market.
Education and Qualifications
Pankaj Deshmukh holds an MBA with a focus on Finance and Operations Management from Madhukarrao Pandav College of Engineering & Management, where he studied from 2009 to 2011. He also earned a Bachelor of Commerce (B.Com) degree from J M Patel College Bhandara, completing his studies from 2006 to 2009. His educational background provides a strong foundation for his career in finance and banking.
Professional Background in Finance
Pankaj Deshmukh has a diverse professional background in finance, having previously worked at HDFC Bank Ltd. as a Sales Executive for Tractor Loans from 2011 to 2012. This role allowed him to gain experience in loan products and customer service, further enhancing his expertise in the financial sector. He has developed business models specifically for tractor finance and engages in cross-selling financial products.
Key Responsibilities and Skills
In his current role, Pankaj Deshmukh formulates both short and long-term budgets and conducts market research to develop strategies for achieving business goals. He prepares Credit Appraisal Memorandum (CAM) and monitors Internal Rate of Return (IRR) and Payment Due Date (PDD) to support collection operations. His skills in financial analysis and strategic planning contribute to the success of his team and the bank.