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Writer's pictureMarie Dcruz

Driving Financial Inclusion Through Education: The Abhay Bhutada Foundation’s Journey

In a landscape where financial inclusion is increasingly critical, the Abhay Bhutada Foundation is addressing the educational divide that often contributes to economic disparities. Abhay Bhutada, with years of experience in banking and finance, recognizes that a strong educational foundation is key to achieving sustainable economic growth. Through initiatives like the 'LearnByDoing' program and targeted scholarship offerings, the foundation is working to build that foundation for students who lack access to quality resources.




Investing in Hands-On Learning  

The 'LearnByDoing' initiative takes an innovative approach, focusing on STEM education in rural schools. By providing hands-on STEM kits, this program has so far impacted over 2,000 students in Pune district schools, exposing them to practical applications of science and math. For a banking professional, this approach resonates—it’s about equipping future generations with essential skills to drive economic empowerment, something that indirectly boosts financial literacy and inclusion in the long run.

Bridging Financial Gaps through Scholarships  

In partnership with the Maheshwari Vidya Pracharak Mandal (MVPM), the foundation awards 25 annual scholarships, covering both merit-based and need-based grants. Each ₹1 lakh scholarship enables students to overcome financial barriers, ensuring they can focus on their studies. The selection process is meticulous, ensuring transparency and fairness, values that are as integral to banking as they are to effective philanthropy.

A Commitment to Economic Development  

In a broader sense, the Abhay Bhutada Foundation’s mission aligns with financial inclusion goals, investing in education as a pathway to financial empowerment. By nurturing future leaders, Bhutada is making a lasting contribution to economic growth—an inspiring example for anyone in the banking sector looking to make a meaningful impact.


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