The Collapse of Old Leadership: Why Risk Thinking Can No Longer Be Delegated

India Inc is entering a phase in which the demands placed on leadership have changed faster than the leaders themselves. The pace of technological interdependence, regulatory tightening, financial volatility and operational fragility has accelerated to the point where risk preparedness is no longer a matter of good governance. It is a prerequisite for survival. The…

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Punjab National Bank Announces Appointment of Amit Kumar Srivastava as Executive Director

Punjab National Bank has announced the appointment of Shri Amit Kumar Srivastava as Executive Director, following a formal notification issued by the Department of Financial Services, Ministry of Finance. The appointment, made under the provisions of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, takes effect immediately. According to the regulatory filing, Shri…

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When The Cloud Falters: The AWS Wake-up Call for India’s BFSI Sector

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…

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Securing the Scalpel: Why Hospitals Can’t Ignore Cyber Risk Anymore

India’s healthcare system, long challenged by uneven access, limited capacity and rising costs, is now confronting a more insidious danger: cyberattacks. A recent industry report suggests that hospitals and health institutions in the country are weathering an average of 8,600 attacks each week—more than four times the global average. Healthcare alone accounts for nearly a…

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Institutional Wisdom Meets Digital Ambition: Mr. Shirish Chandra Murmu Steps in as New Deputy Governor at RBI

On October 9, 2025, Mr. Shirish Chandra Murmu formally assumed office as the Deputy Governor of the Reserve Bank of India (RBI), taking over from Mr. M. Rajeshwar Rao., Mr. Murmu’s appointment comes at a pivotal time for India’s financial sector, where rapid technological innovation, evolving market dynamics and global economic uncertainties require steady leadership….

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