The Reserve Bank of India (RBI) has constituted an Expert Committee for a Quantum Secure and Adaptive Financial Ecosystem (Q-SAFE) as the central bank begins evaluating the long-term implications of quantum computing on India’s financial infrastructure, cybersecurity frameworks and digital resilience. The move comes amid growing global concern over the potential impact of quantum technologies…
For decades, India’s banking sector especially public sector banks (PSBs) was seen through the lens of bad loans, capital erosion and recurring bailouts. Today, that narrative is changing. The sector has moved from crisis management to confidence building. What we are witnessing is not just financial recovery but the rise of Banking Reforms 2.0, where…
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…
The banking relationship has always rested on an invisible contract of trust — that the depositor’s money, and the legacy it represents, will be handled with transparency and fairness. From next month, that trust gains new legal scaffolding as the key nomination provisions under the Banking Laws (Amendment) Act, 2025 come into force. The amendment…
IndusInd Bank has announced the appointment of Sheran Mehra as its new Chief Marketing Officer (CMO), entrusting her with the responsibility of leading the bank’s brand, marketing and digital engagement strategies. The move underscores the bank’s commitment to strengthening its market presence amid an evolving financial ecosystem driven by digital innovation. Sheran Mehra brings over…
As Shri M. Rajeshwar Rao concludes his distinguished tenure as Deputy Governor of the Reserve Bank of India (RBI) on October 8, 2025, it is an opportune moment to reflect on his significant contributions to India’s financial landscape. Appointed on October 9, 2020, Shri Rao’s leadership spanned pivotal phases, including the post-pandemic economic recovery and…
