In today’s hyperconnected economy, cybersecurity has evolved from a purely technical function into a strategic business imperative. India’s banking, financial services, insurance (BFSI), and corporate sectors are custodians of vast financial assets and sensitive personal and corporate data. A breach in these sectors is no longer merely an IT failure, it can trigger financial loss,…
Yes Securities has announced the appointment of Rajeev Mathur as Chief Business Officer, marking a key leadership milestone in his distinguished career in financial services. With nearly two decades of experience spanning sales, dealing, and client management, Rajeev brings deep industry knowledge and proven leadership capabilities that are expected to drive the firm’s growth and…
Credifin Limited (earlier PHF Leasing Limited), a Metropolitan Stock Exchange of India listed, NBFC, headquartered in Jalandhar with its Corporate Office in Delhi-NCR, announces the appointment of Mr. Shalya Gupta as the Managing Director. The decision to appoint Mr. Gupta as the Managing Director was taken at the meeting of the Board of Directors. He will…
In July 2025, large parts of Punjab faced devastating floods that submerged paddy fields, washed away infrastructure, and disrupted rural livelihoods. For a state often described as India’s “grain bowl,” this was more than a natural disaster, it was a financial crisis. Banks and cooperative societies braced for repayment delays, traders saw working capital dry…
In an era where information travels faster than strategy, reputation has become the most fragile yet most valuable asset an organization possesses. Whether in banking, insurance, manufacturing or technology, reputation defines stakeholder confidence, customer loyalty, and investor trust. For India’s 6.3 crore small and medium enterprises (SMEs), as well as large corporates, reputational capital often…
The Association of Mutual Funds in India (AMFI), the industry body representing all SEBI-registered Asset Management Companies (AMCs) announced the election of its new Chairman and Vice Chairman on September 4, 2025. Mr. Sundeep Sikka, Executive Director & Chief Executive Officer, Nippon Life India Asset Management Limited, has been elected as Chairman, while Mr. Vishal…
For years, Indian banks treated deposit operations as relatively “safe” compared to the messy world of loan books. That comfort is gone. A surge in mule accounts, legitimate bank accounts commandeered or rented to launder proceeds of cybercrime has shifted operational risk from loans to deposits. Senior bankers are tightening KYC and continuous due diligence…
The Securities and Exchange Board of India (SEBI) has issued a crucial set of technical clarifications to its Cybersecurity and Cyber Resilience Framework (CSCRF) for regulated entities (REs), signalling a sharper focus on operational robustness, regulatory harmonization and market-wide cyber hygiene. This move is timely and necessary, given the increasing frequency of cyber incidents that…
In a strategic leadership transition, ICICI Bank announced that Anish Madhavan, a seasoned senior management professional within the bank, stepped into the role of Group Chief Compliance Officer (GCCO), effective August 29, 2025. This followed the early retirement of the incumbent, Subir Saha, who stepped down at close of business on August 28, 2025. The…
RBL Bank has named Dinesh R. Sharma as its new Head of Non-Financial Risk, entrusting him with oversight of operational risk, business continuity planning, and enterprise-wide risk frameworks. Sharma brings over 15 years of experience in building resilient governance structures across leading Indian banks. Before joining RBL Bank, Sharma spent close to nine years at…
