Uday Shankar | Director of Catalytic Finance, India


Uday Shankar

P. Uday Shankar has worked in the financial industry and development sector in northern and southern India for thirty years. Over the last thirteen years, he has concentrated his efforts in the microfinance sector.

Shankar started and managed a microfinance institution (MFI) – Indian Association for Savings and Credit, which was promoted by HDFC Ltd. – for nine years. IASC has grown into a reputable, highly-rated institution. Under his leadership, the institution offered innovative loan products for sanitation and housing. Prior to joining Water.org, for the last four years, Shankar has worked as an independent consultant in the microfinance sector and as a visiting professor at the PSG Institute of Management in Coimbatore.

Shankar speaks English, Tamil, and three other Indian languages. He is married and blessed with two children.

Education and Professional Affiliations

Shankar has earned university degrees in Agriculture and Agricultural Economics and has participated in national and international microfinance trainings. He has served on the boards of Planet Finance and Sa-Dhan (Indian microfinance association) and is currently a member of UNDP’s Microfinance Resource Team, the Indian Society of Agricultural Economics, and the International Mountain Forum. During his tenure at Sa-Dhan, Shankar participated in drafting significant microfinance legislation, which is currently under review in Parliament.

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