From Firewalls to Trust Walls: The New Mandate for CISOs

For decades, the role of the Chief Information Security Officer (CISO) was defined by defence – building fortresses, configuring firewalls, patching systems and keeping the bad actors out. It was an engineering problem at heart, measured by uptime, breach count and compliance checklists. But in today’s hyper-connected enterprise, the perimeter has dissolved, data moves faster…

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Cognitive Vigilance: Training the Mind for Ethical Decision-Making

In boardrooms, control rooms and compliance cells across India’s banking and financial sector, “vigilance” has long been synonymous with oversight- audits, checks, and disciplinary frameworks. Yet, as institutions grapple with rising fraud sophistication, cyber manipulation and decision bias under pressure, a quiet realization is emerging: the future of vigilance lies as much in mindfulness as…

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SBI and BoB to Lead India’s Digital Payments Intelligence Corporation to Combat Fraud

In a decisive move to fortify India’s rapidly growing digital payments ecosystem, the State Bank of India (SBI) and Bank of Baroda (BoB) are set to lead the creation of a new, technology-driven intelligence entity the Indian Digital Payments Intelligence Corporation (IDPIC). Conceived under the guidance of the Reserve Bank of India (RBI), the initiative…

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TransBnk Appoints Former Deutsche Bank Executive Amar Bhartia as Global Product Head

TransBnk, India’s leading next-generation transaction bank infrastructure platform, is pleased to announce the appointment of Amar Bhartia as Global Product Head, effective immediately. In this role, Amar will lead TransBnk’s global product organisation and accelerate the firm’s roadmap of transaction-banking, treasury and API-platform capabilities. Amar joins TransBnk from Deutsche Bank, where he served as Vice…

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Zarin Daruwala Appointed Group CEO of PL Capital to Lead Next Phase of Growth

PL Capital Group has announced the appointment of Zarin Daruwala as its Group Chief Executive Officer, marking a significant milestone in the company’s ongoing transformation into a diversified, future-ready financial powerhouse. A veteran of India’s banking and financial services industry, Zarin brings over 35 years of leadership experience across corporate and retail banking, strategic transformation,…

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The Price of Information: How SEBI’s Crackdown Reshapes Power Market Trust

When a regulator becomes the subject of regulatory action, it sends ripples far beyond the corridors of power. The Securities and Exchange Board of India’s (SEBI) recent order directing Central Electricity Regulatory Commission (CERC) officials and associated persons to disgorge ₹1.73 billion after interim findings of insider trading linked to the Indian Energy Exchange (IEX)…

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When The Cloud Falters: The AWS Wake-up Call for India’s BFSI Sector

The global outage at Amazon Web Services (AWS) last week, which disrupted thousands of businesses and critical applications across sectors, has reignited a long-overdue discussion on operational risk within India’s banking, financial services and insurance (BFSI) ecosystem. As Indian financial institutions deepen their reliance on cloud platforms, the event serves as a vivid reminder that…

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India’s Payment Ecosystem Deepens: RBI’s Half-Yearly Report Highlights a Digital Inflection

The Reserve Bank of India’s Payment Systems Report for the half-year ended June 2025 marks a critical milestone in India’s decade-long journey toward a cash-lite economy. The document not only quantifies the rapid digitisation of payments but also underlines the institutional maturity of India’s payment governance a framework that now rivals global benchmarks in scale,…

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