Microfinance Stress Is Evolving: From Credit Risk to Liquidity Compression

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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RBI’s 2024-25 Trends Report: A Forward-Looking Risk Playbook for Corporate India

As India’s banking and non-banking system enters 2026, headline metrics suggest robustness. Yet the Reserve Bank of India’s latest “Report on Trend and Progress of Banking in India 2024-25” reads less like a performance review and more like a strategic risk playbook for corporate treasuries and BFSI leadership. Growth, digitisation and financial inclusion are reframed…

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A Steady Hand in a Shifting Market: The Treasury Philosophy of Harsimran Singh Sahni

In an environment where India’s fixed-income markets are undergoing structural transition, treasury functions across financial institutions are being forced to adapt in real time. Few practitioners reflect this shift more clearly than Harsimran Singh Sahni, Executive Vice President and Head of Treasury at Anand Rathi Global Finance Limited, who has spent more than 15 years…

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Bajaj Finance Appoints Jennifer Mathew Fernandes as Chief Human Resources Officer

Bajaj Finance Ltd. has announced the appointment of Jennifer Mathew Fernandes as its new Chief Human Resources Officer (CHRO), marking a key leadership transition at one of India’s largest non-banking financial institutions. With over two decades of experience in strategic HR leadership, organizational development, and people transformation, Jennifer brings a deep understanding of human capital…

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