AI’s Dark Turn: Why Adversarial Intelligence Is Becoming Banking’s Biggest Cyber Risk

Speaking at a press conference following the inauguration of a new State Bank of India office in Pune, Nirmala Sitharaman remarked that “The challenge posed by advanced AI is fundamentally different from what banks have successfully managed so far.” The statement reflects a deeper structural shift underway in global finance. For decades, banks have relied…

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Bancassurance, a New Look: Rethinking Distribution, Trust and Risk in India

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,…

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TransBnk Appoints Rahul Arora as Global Head – Treasury and Liquidity Solutions

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…

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India Approves ₹12,980 Crore Maritime Insurance Pool to Strengthen Trade Resilience

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…

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