The central bank’s latest reforms are not merely about derivatives, they are about building a deeper, more resilient and globally competitive credit market for the world’s fifth-largest economy. For most market participants, the phrase “credit derivatives” often evokes memories of complex financial products that played a controversial role during the 2008 Global Financial Crisis. Yet…
In a key leadership development, Bandhan Bank has received prior approval from the Reserve Bank of India for the appointment of Debasish Panda as part-time Chairman for a tenure of three years. The term will commence from the date he formally assumes charge, subject to the completion of remaining internal approvals. The proposed appointment comes…
For decades, risk management in banking focused narrowly on measurable exposures credit defaults, liquidity buffers and capital adequacy. This traditional framework worked in an era when risks evolved slowly and were largely internal. But the new financial reality is non-linear. Today, a cyberattack on a fintech partner can cripple payment systems across states; a sanction…
