For much of the decade following the global financial crisis, currency volatility was treated as a manageable background risk rather than a board-level concern. Central banks smoothed extremes, interest rates stayed near historic lows and treasury teams optimised around efficiency rather than resilience. That era has decisively ended. Since 2022, global treasurers have been forced…
For much of corporate history, liquidity risk was understood in traditional financial terms. It reflected access to funding, exposure to market volatility or the ability to roll over debt in stressed conditions. Treasury operations, while important, were rarely viewed as sources of systemic fragility. That assumption no longer holds. The shift to real-time payments, digitised…
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…
