Cards on the table as Amit Kalekar moves up at HDFC Bank

MUMBAI: Cards have been reshuffled at HDFC Bank, and the hand looks stronger. Amit Kalekar has been elevated to senior vice president, marking a significant step in a career built on quietly scaling some of India’s most complex payments businesses.

In his new role, Kalekar will continue to drive growth across Commercial Cards, B2B Payments and Digital Platforms, areas that sit at the heart of transaction banking as corporates push for speed, visibility and smarter cash management.

With more than two decades of experience across leading financial institutions, Kalekar brings deep domain expertise in product strategy, partnerships and large-scale digital payment ecosystems. Before joining HDFC Bank, he held senior roles at Axis Bank, Kotak Mahindra Bank and ICICI Bank, working across debit cards, commercial cards and programme management.

Since joining HDFC Bank over six years ago, Kalekar has been closely involved in building scalable card-led and platform-based B2B solutions, strengthening partnerships and expanding the bank’s digital payments footprint. His elevation reflects a track record of customer-centric innovation and an ability to translate complex enterprise needs into workable, revenue-generating products.

As Indian corporates accelerate digital adoption and demand more integrated payment solutions, Kalekar’s expanded mandate places him at the centre of HDFC Bank’s next phase of growth in the B2B payments and transaction banking space.