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…
Aditya Birla Capital Limited (ABCL) has announced the appointment of Rakesh Singh as Executive Director and Chief Executive Officer of its Non-Banking Financial Company (NBFC) arm. Singh, a seasoned financial services leader with nearly three decades of experience, will spearhead the growth strategy of Aditya Birla Capital Finance Limited (ABFL) and Aditya Birla Housing Finance…
In today’s interconnected world, cybersecurity has become an essential aspect of business operations, irrespective of the organisation’s size. Small and Medium Enterprises (SMEs) in India are increasingly embracing digital transformation to enhance productivity and efficiency. However, this digital landscape also exposes them to various cyber threats. As SMEs adopt digital technologies and leverage the power…
In a compelling address at the College of Agricultural Banking (CAB) in Pune, Reserve Bank of India (RBI) Deputy Governor Shri Swaminathan J urged directors of Urban Cooperative Banks (UCBs) to prioritize robust governance, effective risk management, and responsible technology adoption to safeguard depositor trust and ensure long-term resilience. Delivered on July 11, 2025, during…
Until recently, sustainability was rarely a factor in deciding whether a micro or small business in India could get a loan. That’s changing fast. What was once seen as a “big business issue” is now deeply embedded in how credit decisions are being made for India’s 6.3 crore+ MSMEs. Environmental, Social and Governance (ESG) risks…
