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The Sliding Rupee: A Warning Signal India Cannot Ignore

By Amit BaraskarTreasury Head, Thomas Cook India Currency weakness is often dismissed as cyclical noise. But when depreciation becomes persistent, broad-based and regionally uncompetitive, it stops being a market fluctuation and starts resembling a policy signal. The recent slide of the Indian rupee belongs firmly in the latter category. While several foreign banks continue to…

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The AI Governance Gap: Why “Using AI” Isn’t the Same as “Controlling AI”

Artificial intelligence has moved faster into boardrooms than most previous technologies. In a matter of months, AI systems have been embedded into customer service, credit assessment, fraud detection, HR screening, software development and strategic analysis. For many organisations, the narrative is one of rapid adoption and visible productivity gains. Yet beneath this enthusiasm sits a…

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When Risk Stops Being a Technical Brief and Becomes a Leadership Conversation

The most consequential risk failures rarely stem from ignorance. They arise when leaders believe they are aligned, until a crisis exposes that they were never speaking the same language to begin with. In modern enterprises, risk no longer sits neatly within compliance manuals or technology roadmaps. It lives at the intersection of strategy, reputation, resilience…

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ESAF Small Finance Bank Appoints Karthikeyan Manickam as Chairman

ESAF Small Finance Bank has announced the appointment of Karthikeyan Manickam as its new Chairman, effective January 2. The bank said the appointment is aimed at strengthening board-level governance and strategic oversight at a time when small finance banks are operating under tighter regulatory supervision and rising customer expectations. Manickam is a former Executive Director…

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RBI’s 2024-25 Trends Report: A Forward-Looking Risk Playbook for Corporate India

As India’s banking and non-banking system enters 2026, headline metrics suggest robustness. Yet the Reserve Bank of India’s latest “Report on Trend and Progress of Banking in India 2024-25” reads less like a performance review and more like a strategic risk playbook for corporate treasuries and BFSI leadership. Growth, digitisation and financial inclusion are reframed…

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