Group Head – ​​​​​​​ Realty Business Finance, HDFC Bank

Mr. Vinayak R Mavinkurve

Mr. Vinayak Mavinkurve is the Group Head – Realty Business Finance at HDFC Bank.

Before joining the Bank, Mr. Mavinkurve was a Member of Executive Management (MoEM) at HDFC Ltd, responsible for Real Estate Lending, Corporate Lending, and Stressed Asset Book in the Real Estate Sector as well as the Proprietary Investment Book of the company.

As a Credit Forum member and head of the department, he has worked closely with branches to enable fresh loan approvals, monitor business targets and help transition from National Housing Bank (NHB) regulation to Reserve Bank of India (RBI) regulation. He has been actively involved in engagement with RBI at the time when they came up with the Housing Finance Company regulation.

Mr. Mavinkurve began his career at IFCI Limited in 1994 as an Industrial Finance Officer. He later joined IDFC Limited as an Assistant Vice President in 1998 and worked there till 2015 where his last role was Group Head – Project Finance. In May 2017, he transitioned to IDFC Bank Limited and was a Co-Head - Client Coverage till December 2018.

Mr. Mavinkurve holds a B.Tech (Bachelor of Technology) degree in Electrical Engineering from VJTI, Mumbai (1991 batch) and an MMS degree from NMIMS, Mumbai (1994 batch).

Mr. Mavinkurve is married to Madhavi, who is a homemaker. Their son, Rohan is an undergraduate student at St. Andrews University, UK. He is a sports enthusiast with a keen interest in football, cricket and tennis.