Mayur Shah
About Mayur Shah
Mayur Shah is an experienced finance professional currently serving as the Head of SME Credit Risk at IndusInd Bank. With a background in credit risk management and a Master of Business Administration from NMIMS, he has held senior roles at various banks including RBL Bank and YES BANK.
Current Role at IndusInd Bank
Mayur Shah currently serves as the Head of SME Credit Risk at IndusInd Bank. He has held this position since 2020, contributing to the bank's credit risk management strategies specifically for small and medium enterprises. His role involves assessing creditworthiness and managing risks associated with lending to SMEs, ensuring compliance with regulatory standards.
Previous Experience in Credit Risk Management
Before joining IndusInd Bank, Mayur Shah worked at RBL Bank as Senior Vice President of Credit Risk from 2014 to 2024. His prior experience includes a significant tenure at YES BANK as Senior Vice President of Credit Risk from 2011 to 2014. He also held the position of Assistant Vice President of Relationship and Credit Risk at HDFC Bank from 2005 to 2011, and served as a Credit Officer at DCB Bank from 2000 to 2005.
Educational Background
Mayur Shah earned a Master of Business Administration (MBA) in Finance and Financial Management Services from SVKM's Narsee Monjee Institute of Management Studies (NMIMS) between 1998 and 2000. He also studied at The Institute of Chartered Accountants of India, where he achieved inter CA from 1996 to 1998, focusing on accounting principles.
Career Progression in Banking
Mayur Shah's career in banking began at DCB Bank, where he worked as a Credit Officer from 2000 to 2005. He then transitioned to IndusInd Bank as a Manager in Credit Risk for a brief period in 2005. Following this, he spent six years at HDFC Bank, before moving to YES BANK. His extensive experience in credit risk management spans various roles and institutions, highlighting his expertise in the field.