India’s economic trajectory over the next decade will be defined not just by ambition, but by its ability to finance that ambition. The numbers are staggering. According to estimates by the National Infrastructure Pipeline and subsequent policy discussions, India will require investments in the range of ₹190-250 lakh crore between 2025 and 2035 to sustain…
Speaking at a press conference following the inauguration of a new State Bank of India office in Pune, Nirmala Sitharaman remarked that “The challenge posed by advanced AI is fundamentally different from what banks have successfully managed so far.” The statement reflects a deeper structural shift underway in global finance. For decades, banks have relied…
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…
Liquidity risk has re-emerged as the defining challenge for corporate treasurers worldwide. In global surveys, it consistently ranks as the No. 1 concern, ahead of FX volatility, cyber incidents and counterparty risk. Elevated interest rates have sharpened the cost of holding excess cash, while vulnerabilities in banking systems across the US, Europe and parts of…
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…
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…
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…
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,…
In an evolving financial ecosystem, regulatory intent often serves as a barometer of future market resilience. The Securities and Exchange Board of India’s (SEBI) latest announcement to boost institutional participation in the country’s commodity and derivatives markets— signals not just market expansion, but a structural recalibration of India’s financial depth. The inclusion of banks, pension…
The Reserve Bank of India (RBI) has appointed Smt. Sonali Sen Gupta as Executive Director, effective October 9, 2025. Prior to her promotion, Smt. Sen Gupta served as the Regional Director for Karnataka at RBI’s Bangalore office. With over three decades of experience at the central bank, she has contributed across diverse domains, including Financial…
