May 8, 2026
Updates

BFSI

When AI Starts Hunting Vulnerabilities: Why SEBI’s Latest Cyber Warning Matters Far Beyond IT Teams

admin011 mins

For years, cybersecurity conversations in financial institutions largely revolved around firewalls, phishing attacks, ransomware incidents and periodic compliance audits. Those discussions still matter, but the latest advisory issued by the Securities and Exchange Board of India suggests something far bigger is unfolding beneath the surface. SEBI’s recent circular on emerging AI-driven vulnerability detection tools, including…

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AI in Finance Must Remain Fair, Accountable and Inclusive: RBI Deputy Governor Swaminathan J

admin07 mins

Artificial Intelligence is set to fundamentally reshape the financial sector, but its adoption must be guided by strong governance, fairness and accountability, said Swaminathan J, Deputy Governor of the Reserve Bank of India, in a recent address at SASTRA University. Speaking on “AI in Finance: What can change, what must never change,” He framed the…

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Chola MS Names Rajive Kumaraswami as Managing Director, Marks Leadership Transition After Two Decades

admin04 mins

Cholamandalam MS General Insurance (Chola MS) has announced a key leadership transition, appointing Rajive Kumaraswami as Managing Director Designate effective April 22, 2026. He is set to take over as Managing Director and CEO from June 1, 2026, succeeding V. Suryanarayanan, who will retire at the end of May after a long and impactful tenure….

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Microfinance Stress Is Evolving: From Credit Risk to Liquidity Compression

admin08 mins

India’s microfinance sector is entering a structurally important transition phase, one that reflects a shift from acute asset quality deterioration (credit risk) to a more complex challenge of credit flow compression (liquidity impact). The latest Microfinance Pulse Report (March 2026) provides clear evidence that while the worst of the credit stress may be moderating, its…

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Operational Resilience as Competitive Advantage: The Companies That Recover Faster Win Market Share

admin07 mins

For much of the past decade, operational resilience was treated as an insurance policy: costly, necessary, and largely invisible when things went right. Today, that framing is no longer sufficient. In an era marked by supply-chain fragmentation, cyber disruptions, climate volatility and abrupt shifts in capital flows, resilience has emerged as a source of competitive…

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Cyber Resilience Is Now a CEO Metric, Not a CISO KPI

admin07 mins

For years, cybersecurity was treated as a technical function: delegated to the CISO, discussed in IT sub-committees and reviewed primarily through the lens of compliance. That era is decisively over. In today’s environment of AI-enabled threats, geopolitical cyber spillovers and digitally intertwined supply chains, cyber resilience has become a CEO-level metric, one that increasingly defines…

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

admin08 mins

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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The Year Corporate Fraud Went Digital: How 2025 Rewrote the Risk Playbook

admin08 mins

Corporate fraud in 2025 did not merely “move online”. It learned to operate like a digital business process. Fraud schemes increasingly mirrored legitimate workflows, exploiting payment rails, identity systems and insider access with a precision that traditional controls were never designed to detect. What emerged was a new doctrine of misconduct: faster execution, lower visibility…

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