The global financial system has crossed a decisive threshold with the full migration to ISO 20022 for cross-border payments. The long-anticipated shift became effective on 22 November, bringing the industry’s coexistence phase with legacy MT messages to a formal close and establishing ISO 20022 as the mandatory format for all international payment instructions. The transition…
India Inc is entering a phase in which the demands placed on leadership have changed faster than the leaders themselves. The pace of technological interdependence, regulatory tightening, financial volatility and operational fragility has accelerated to the point where risk preparedness is no longer a matter of good governance. It is a prerequisite for survival. The…
Indian Bank has announced that Ms. Mini T. M. has taken charge as Executive Director, effective 24 November 2025. Ms. Mini brings more than 31 years of diversified banking experience across leadership, risk, credit, corporate business and retail operations. She began her career in 1994 as a Probationary Officer at Federal Bank. She later joined…
Central Bank of India has announced the appointment of E. Ratan Kumar as its new Executive Director for a term of three years, or until further orders. The elevation comes at a time when the bank is intensifying its digital transformation agenda and expanding technology-led capabilities across key business functions. Ratan Kumar currently serves as…
India’s accelerating digital adoption has brought with it an increasingly complex risk landscape, but one of the most revealing developments of recent months has not been a new strain of malware or a breakthrough in cyber-attack technology. It has been the surge in virtual arrest and impersonation scams, operations that rely less on sophisticated technical…
Punjab National Bank has announced the appointment of Shri Amit Kumar Srivastava as Executive Director, following a formal notification issued by the Department of Financial Services, Ministry of Finance. The appointment, made under the provisions of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, takes effect immediately. According to the regulatory filing, Shri…
Canara Bank has appointed Shri Sunil Kumar Chugh, Chief General Manager at Punjab National Bank, as its new Executive Director. The appointment has been approved by the Central Government for a term of three years from the date he assumes office or until further orders. Shri Chugh took charge on November 24, following the formal…
Space-based data centres, once a speculative concept, are now advancing toward operational experimentation. As artificial intelligence systems, financial networks, health-data architectures and national security platforms accelerate their demand for compute power, terrestrial infrastructure is nearing its limits. Global attention is shifting upward toward orbit, where a new class of resilient and energy-efficient compute environments is…
For all the investment now channeled into cyber-defence strategies like next-generation firewalls, cloud security stacks, endpoint monitoring, artificial intelligence filters, the real battleground for India’s cybersecurity lies elsewhere. It sits not in server rooms or data centres, but in everyday human behaviour. This was the understated, yet urgent point made in Dr. Alby John Varghese’s,…
Chitrank Goel has been appointed Deputy Managing Director and Executive Director of Kwality Wall’s (India) Ltd. (KWIL), assuming a central leadership role as the company prepares for its demerger from Hindustan Unilever (HUL). His elevation comes at a critical juncture for KWIL, which is entering a new phase of independent growth and operational realignment. Chitrank…
