Financial Economics
Behavioral Finance
FinTech
Heterodox Economics
Vidhu Shekhar, a faculty in Finance and Economics area at SPJIMR, has completed his Ph.D. in Financial Economics from the Indian Institute of Management Calcutta. Prior to his Ph.D., he completed his MBA from IIM Calcutta (2006) and a B.Tech (H) from IIT Kharagpur (2004).
Post his MBA, he has worked in the Financial Services industry for 6 years in various roles across leading Indian/Global Investment Banks and Private Equity firms. He is also a co-founder of a B2B SaaS Fintech Firm – Vitt.ai
His research interest is anchored on topics including Financial Economics, FinTech, Behavioural Finance, and Heterodox Economics. He has also served as the Associate Head of the Centre for Financial Innovation at SPJIMR.
Ph.D., 2018
Focus: Economics
MBA, 2006
Major: Finance and Systems
B.Tech (Hons), 2004
Major: Aerospace Engineering
Financial Economics
Behavioral Finance
FinTech
Heterodox Economics
Shukla, R.G., Agarwal, A., Shekhar, V. et al. A Fuzzy Approach to Assess Blockchain for Sustainable Transformation of Healthcare. SN COMPUT. SCI. 5, 44 (2023). https://doi.org/10.1007/s42979-023-02331-w.
Shukla, R. G., Agarwal, A., & Shekhar, V. (2021). Leveraging Blockchain Technology for Indian Healthcare system: An assessment using value-focused thinking approach. Journal of High Technology Management Research, 32(2). https://doi.org/10.1016/j.hitech.2021.100415.
Shekhar, V., & Baag, P. (2025). Blockchain for business applications: From cryptographic principles to business integration. SYBGEN Learning India Private Limited.
Vidhu Shekhar, Kiran Kumar KV, Sumit Jha and Pankaj Baag, (2024). FinTech for managers: A handbook. SYBGEN Learning.
Shekhar, V., and Ramesh, S., E-rupee dynamics – Design and macro implications on the Indian payment ecosystems: An overview. Paper presented at the 2024 International Society for the Advancement of Financial Economics Thailand Conference, Pattaya, Thailand. (July 8–10, 2024)
Shekhar, V. (Author and Presenter), Conference of Behavioral Science in Management Conference, From the Central Bank to the Monetary Policy Committee: Has the communication effectiveness improved? NSE Centre for Behavioral Science in Finance, Economics, and Marketing. (April 9, 2021)
Shekhar, V., ISDSI, Is Money Endogenous? Evidence from “High Frequency” Bank Lending Behavior in India, SPJIMR, Mumbai. (December 30, 2018)
Shekhar, V., Haldar, A., ISDSI, “Regionality of Financial Sentiments and Words,” SPJIMR, Mumbai. (December 30, 2018)
Shekhar, V., World Communication Forum, Davos, “Economics Humanity and Communication,” WCF, Davos. (March 2016)
Shekhar, V. (2025). China’s Indo-Pak war games and India’s strategic siege of Pakistan. Swarajya.
Shekhar, V. (2025). British-imposed Indian ‘surnames’: The colonial construct in personal identity. Swarajya.
Shekhar, V. (2025). De-hyphenation and India’s geopolitical climb up as a global pole. Swarajya.
Shekhar, V. (2025). Linking Kazan to US tariffs: Geopolitical bifurcation of global trade and finance. Swarajya.
Shekhar, V. (2025). US-China trade war — Déjà vu of 1980s US-Japan trade war? Swarajya.
Shekhar, V. (2025). China’s deep economic crisis — And a trade war it can’t win. Swarajya.
Shekhar, V. (2025). Why new US tariffs might hit Chinese factories more than American wallets. Swarajya.
Shekhar, V., (2024). A BRICS effort is underway to undo SWIFT monopoly — can it work? Swarajya.
Shekhar, V., (2024). Data vs perception: Debunking myths about India’s GST burden. The Free Press Journal.
Shekhar, V., (2024). Taxing truths: Decoding appropriate GST shares. The New Indian Express.
Shekhar, V., (2024). The global importance of the Bank of Japan and Japanese politics. Forbes India.
Shekhar, V., (2024). Budget 2024-25: All the great stuff that Got Buried under excessive tax focus. Swarajya.
Shekhar, V. (2024). What can AI not do, yet? Express Computer.
Shekhar, V., (2024). 2024 Elections: The last stand of Congress. Swarajya.
Shekhar, V., (2024). Opposition’s weaponised questioning aims to destroy credibility of institutions but could cause greater damage. Swarajya Magazine.
Shekhar, V., (2024). Real direct benefit – The silent wave of Modi schemes in 2024 elections. OpIndia.
Shekhar, V., (2024). The yet underestimated impact of Modi schemes. Swarajya Magazine.
Shekhar, V., (2024). How can Indian startups carve a niche in Gen AI space. Financial Express.
Shekhar, V., (2024). Surpassing predecessors: ‘Mehengai’ disappears from election campaigns as inflation in India reduces to the lowest during Narendra Modi’s term among all PMs. OpIndia.
Shekhar, V., (2024). Anna Yojana is Modi’s pragmatic alternative to universal basic income. Swarajya Magazine.
Shekhar, V., (2024). “Data reveals Modi has best record on inflation among all Prime Ministers”. Swarajya Magazine.
Shekhar, V. (2024). PM Modi’s war on corruption: Wielding culture, governance and ED as potent weapons. Swarajya Magazine.
Shekhar, V., (2024). How cashless payments are restructuring the Indian economy. Canvas 8.
Shekhar, V. (2024). The great onslaught of generative AI on IT services and SaaS model. Express Computer.
Shekhar, V. (2023). BJP’s 2023 state elections’ success sends global signals, shapes expectations for 2024. Swarajya Magazine.
Shekhar, V. (2023). Petro-Yuan or Petro-BRICS: The need for better alternative reserve currencies to break dollar dominance. Forbes India.
Shekhar, V. (2020). How APMC Monopoly Is The Core Reason For Farmer Suicides In India. Swarajya.
Shekhar, V. (2019). Indian Politico-Economic Narrative and Scale Of PM Modi’s “Real” Direct Benefit Programmes Point To A Bigger-Than-2014 Majority. Swarajya Magazine.
Shekhar, V. (2017). Assessing Demonetisation: Minsky Provides the Link That Traditional Economics Misses. Swarajya Magazine.
Shekhar, V. (2025). Global economic shifts that will impact YOUR future! Think BRICS.
Shekhar, V. (2024). Can blockchain technology end NEET-like paper leaks? News18.
Shekhar, V. (2024). How Olive manages Japanese people’s cashless confidence. Canvas8.
Shekhar, V. (2024). Podcast: Investing in an uncertain and changing world. Desi Fire Podcast.
Shekhar, V. (2021). After a rough ride in 2020, India’s banking system faces a litmus test this year. Quartz India.
Corporate Finance
FinTech and Blockchain
Bharat Chamber of Commerce Medal, IIM Calcutta/ Bharat Chamber of Commerce. (April 2006).
Proficiency Prize, IIT Kharagpur. (April 2004).
Financial Economics
Behavioral Finance
FinTech
Corporate Finance
Assistant Professor
Associate Head
Assistant Vice President
Investment Analyst
Senior Associate
Associate, Private Equity
Associate – Investment Banking
Management/Executive Development, Voltas Limited, 19 participants. (September 20, 2019).
Management/Executive Development, Voltas Limited, 25 participants. (February 4, 2019 – February 8, 2019).
Certificate Programme, Fintech and Blockchain, 80 Participants. (July 21 – February 22)
Vitt.ai
Committee Member, Fellowship Programme and Research Committee, IIM Calcutta. (August 2015 – June 2016).
Committee Member, Student Council, IIM Calcutta. (November 2013 – November 2014).
Committee Member, Student Council, IIM Calcutta. (November 2012 – November 2013).
Faculty Co-ordinator, SPJIMR – ADMAP – Finance Committee. (January 7, 2020).
Speaker and Faculty Co-ordinator, SPJIMR’s Centre for Financial Services and Vanderbilt University Law School, University in Nashville, Tennessee. (December 12, 2019 – December 14, 2019).
Workshop Organiser, SPJIMR, Mumbai, Maharashtra. (November 26, 2019).
Workshop Organiser, SPJIMR, Mumbai, Maharashtra. (November 10, 2019).