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Monday, August 17, 2026
TopicFinancial sector

Topic: Financial sector

Why India’s private sector banks prefer retired civil servants to head their boards

While HDFC Bank plans to appoint Rajiv Kumar as its part-time chairman, two other banks, ICICI and Kotak Mahindra, also have retired IAS officers as their part-time non-executive chairmen.

IMF suggestions on fiscal, financial, labour reforms amid global risks are notable. India must pay heed

While IMF welcomes India's shift towards debt-based fiscal anchor, it recommends improvements to the framework, besides endorsing ​​​​​​​​​​​​​​​exchange rate flexibility & other steps.

AI is revolutionising banking & finance, but over-reliance, misuse may pose financial stability risks

If many market participants tend to use similar models, correlated risk & herding behaviour can amplify stability risks. Regulatory guardrails are important.

RBI’s leap into cloud services is a step back for innovation, competition & regulation

The RBI claims its cloud facility will boost the security & integrity of financial sector data. But why is a central bank competing with private players that are already in the market?

Indian Financial Sector – Growth, Maturity and Promise

The Indian Financial Sector is made of various components like Mutual Funds, the Insurance sector, Fintech, Banks etc.

India’s financial sector sees no point in addressing consumer grievances. Here’s how to fix it

It's not enough to have laws that regulate firms or nodal officers who address grievances. India needs a system that sets right incentives for firms and consumers.

Off The Cuff with Arvind Panagariya

Arvind Panagariya, Professor, Columbia University & Former Vice Chairman, NITI Aayog was the guest in the latest digital edition of Off the Cuff. In a...

Yes Bank crisis: Has Modi govt done enough to fix financial sector woes to revive economy?

The crisis at India’s fourth-largest private lender, Yes Bank, is a reflection of the wider set of problems being faced by India’s banking and financial sector.

We have turned the corner on NBFC & real estate crises, IndusInd Bank CEO Sobti says

IndusInd joins Axis Bank & Edelweiss Financial Services in predicting that the Indian financial sector’s woes will ease soon.

Acquittal of Pehlu Khan lynching accused is shameful, will embolden cow vigilantes

ThePrint view on the most important issues, instantly.

On Camera

Kite-flying can be made safer for birds. Just banning manja isn’t enough

For a long time, we fought hunting to protect birds. Now, we need to tackle manja through a social behaviour change campaign.

All aboard the ‘Reform Express’: PM Modi’s 2047 ride runs on seven tracks

'Reform from conviction, not compulsion', says PM, linking India’s 2047 ambitions to reforms across manufacturing, technology, defence, infrastructure, green growth and soft power.

Navy officer, who entered burning LPG tanker repeatedly to recover missing crew, awarded Shaurya Chakra

Lieutenant Commander Shivam Kumar was serving onboard INS Trikand when it was directed to assist Cameroon-flagged LPG tanker, while transiting through Houthi attack zone on 18 October, 2025.

Gen Vaidya won 2 Maha Vir Chakras, fell to assassins’ bullets 40 yrs ago. India forgot a great soldier

Forty years ago this week, ‘Khalistan Commando Force’ assassins were closing in on Gen Vaidya. So callous was the security of the just-retired Army chief that he was given a solitary police gunman