In conversation with Dr. Ravi Seshadri India’s bancassurance model is entering a decisive phase. Recent signals from the Department of Financial Services (DFS), reinforced by the Finance Minister’s strong stance on mis-selling and the RBI’s tightening regulatory framework, suggest that what was once a high-growth distribution engine is now under structural scrutiny. In this context,…
At a time when the Indian rupee is facing sustained external pressure, the Reserve Bank of India has moved beyond its conventional toolkit of defending the currency through aggressive dollar sales. Instead, it has opted for a more structural intervention, one that seeks to place a durable floor under the rupee by reshaping the behaviour…
The architecture of global banking is undergoing a structural transformation, one that is increasingly shaped not by market fundamentals alone but by the shifting contours of geopolitics. The Bank for International Settlements (BIS), in its working paper “Global Banking and Geopolitics Through Time,” presents a data-driven examination of how political alignments and strategic rivalries are…
India’s banking system is not in distress. Balance sheets are stronger, bad loans have declined, and credit demand remains robust. Yet, beneath this stability, something is quietly out of sync. For the first time in over two decades, banks are lending faster than deposits are growing. By December 2025, the credit-deposit ratio had risen to…
In a move signalling leadership continuity at a critical phase of growth, HDFC Life Insurance Company has approved the re-appointment of Vibha Padalkar as Managing Director and Chief Executive Officer for a further term of five years, effective September 12, 2026. The decision, taken by the company’s Board, remains subject to shareholder approval at the…
In conversation with Dr. Ravi Seshadri India’s bancassurance model is entering a decisive phase. Recent signals from the Department of Financial Services (DFS), reinforced by the Finance Minister’s strong stance on mis-selling and the RBI’s tightening regulatory framework, suggest that what was once a high-growth distribution engine is now under structural scrutiny. In this context,…
In a move aimed at strengthening its financial solutions portfolio, TransBnk has appointed Rahul Arora as Global Head – Treasury and Liquidity Solutions. The appointment comes as the company sharpens its focus on expanding capabilities across treasury management and cross-border financial solutions. Rahul Arora brings over two decades of experience spanning global banking and capital…
In a decisive shift towards strengthening the financial backbone of its maritime ecosystem, the Government of India has approved the creation of a sovereign-backed domestic maritime insurance pool, marking a structural intervention in how India manages trade risk. With a proposed guarantee of ₹12,980 crore, the initiative signals a move to reduce long-standing dependence on…
In a significant move to strengthen India’s anti-money laundering framework, the Financial Intelligence Unit-India and the Securities and Exchange Board of India have entered into a comprehensive Memorandum of Understanding (MoU) to deepen intelligence sharing and operational coordination. While the announcement marks a formal collaboration between two key regulatory institutions, its broader significance lies in…
Artificial Intelligence is set to fundamentally reshape the financial sector, but its adoption must be guided by strong governance, fairness and accountability, said Swaminathan J, Deputy Governor of the Reserve Bank of India, in a recent address at SASTRA University. Speaking on “AI in Finance: What can change, what must never change,” He framed the…
Cholamandalam MS General Insurance (Chola MS) has announced a key leadership transition, appointing Rajive Kumaraswami as Managing Director Designate effective April 22, 2026. He is set to take over as Managing Director and CEO from June 1, 2026, succeeding V. Suryanarayanan, who will retire at the end of May after a long and impactful tenure….
In a significant leadership move, India Exim Bank has elevated Deepak Bhatia to the role of Chief Technology Officer (CTO), underscoring the institution’s growing emphasis on digital transformation, innovation, and resilient technology infrastructure. Bhatia brings with him nearly two decades of experience within the bank, having been associated with India Exim Bank since August 2006….
Bharat Petroleum Corporation Limited (BPCL) has confirmed the appointment of Sanjay Khanna as its Chairman and Managing Director, effective April 9, 2026. The move follows an official communication from the Ministry of Petroleum and Natural Gas and has been duly disclosed to stock exchanges in compliance with regulatory norms. Khanna is not new to the…
In today’s rapidly evolving threat landscape, no country, company, or individual is immune to cyber risk. The insurance sector, which exists to absorb shocks and protect economic activity, is itself becoming a high-value target. What makes the moment critical is not just the rise in cyber incidents, but the regulatory shift that is redefining accountability…
