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Trilegal appoints ex Visa India leader Sandeep Ghosh as first CEO in major leadership shift

Trilegal appoints ex Visa India leader Sandeep Ghosh as first CEO in major leadership shift

Trilegal has appointed Sandeep Ghosh, formerly Visa India head, as its first CEO—an unusual move for a law firm that typically keeps top leadership within legal ranks. Backed by deep banking and financial-services experience, Ghosh will focus on strategy, growth, and adapting to changing client expectations as legal services embrace technology.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Australia warns financial firms to act fast as AI hackers probe security

Australia warns financial firms to act fast as AI hackers probe security

Australia’s corporate regulator is urging financial firms to strengthen cybersecurity urgently after warning about new cyber threats powered by advanced AI. The regulator says these models can uncover security weaknesses rapidly, while banks and financial institutions are adopting AI faster than regulators can keep pace. The result: a growing risk gap that demands immediate safeguards.

Summarised by Beize from a story on The Economic Times on 8 May 2026

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Paytm posts FY26 net profit Rs 552 crore after years of losses

Paytm posts FY26 net profit Rs 552 crore after years of losses

Paytm has reported its first full year of profit in FY26, ending with a net profit of Rs 552 crore, a sharp swing from prior losses. The turnaround was powered by tighter cost control and strong financial services momentum, lifting operating revenue by 22% to Rs 8,437 crore as the payments firm improved performance.

Summarised by Beize from a story on The Economic Times on 6 May 2026
UAE cyberattacks triple amid Iran tensions as banks and utilities face daily disruptions

UAE cyberattacks triple amid Iran tensions as banks and utilities face daily disruptions

Cyberattack attempts are surging across the UAE and the wider Gulf, with financial services, government platforms, and utilities among the hardest hit. Experts say attacks have tripled, disrupting business activity and delaying operations. The escalation is raising fears about eroding confidence in digital infrastructure and exposing growing vulnerabilities. Meanwhile, demand for cybersecurity professionals in the region is climbing sharply.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Finance Secretary pushes PSUs to slash loss ratios and expand rural retail reach

Finance Secretary pushes PSUs to slash loss ratios and expand rural retail reach

Financial services secretary M Nagaraju reviewed strategy documents for four public sector insurance companies, urging them to identify more investment opportunities while cutting loss ratios. The directive also requires sustaining market share, strengthening retail portfolios, and expanding in rural and semi-urban areas to improve overall performance and customer reach.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Goldman Sachs bans Hong Kong bankers from using Anthropic AI models FT reports

Goldman Sachs bans Hong Kong bankers from using Anthropic AI models FT reports

Goldman Sachs has reportedly barred its Hong Kong bankers from using Anthropic’s AI models, according to the Financial Times citing people familiar with the matter. The move highlights growing corporate caution around external AI tools and data handling, especially in regulated financial environments where model access can carry compliance and security implications.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026

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Finance Ministry reviews financial inclusion progress this week to shape Financial Inclusion 2.0 plans

Finance Ministry reviews financial inclusion progress this week to shape Financial Inclusion 2.0 plans

The Finance Ministry will review progress on financial inclusion this week as it drafts the next phase, Financial Inclusion 2.0. Officials are expected to assess how current schemes are performing, with programs like the Atal Pension Yojana coming under closer scrutiny to decide what to expand, fix, or redesign for broader access and stronger outcomes.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Private equity rush into India faces a valuation and disruption reality check

Private equity rush into India faces a valuation and disruption reality check

Global private equity firms are raising large funds for India, but tech and lending disruptions plus stretched valuations are making deals harder and returns less certain. As competition heats up, investors may have to reset expectations, broaden to other regions, or pivot toward distressed assets to find better risk adjusted opportunities in a shifting market.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Faircent triples Tier 3 city loan disbursements in a year and expands faster than peers

Faircent triples Tier 3 city loan disbursements in a year and expands faster than peers

Faircent.com says its NBFC P2P platform is accelerating in non-metro areas, with loan disbursements to borrowers from Tier 3 cities tripling over the past financial year. The move signals a stronger push into Tier 2 and Tier 3 markets, as lenders target growing demand outside traditional urban centers and expand their footprint to capture new borrower segments.

Summarised by Beize from a story on The Economic Times on 25 Apr 2026
Ex Infosys CFO V Balakrishnan becomes patron of NBFC P2P platforms association

Ex Infosys CFO V Balakrishnan becomes patron of NBFC P2P platforms association

Former Infosys CFO V Balakrishnan has joined the Association of NBFC P2P Platforms as a patron member. The new grouping brings together P2P lending industry players aiming to represent India’s NBFC-P2P sector at key forums and influence policy and industry discussions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Faircent cuts unsecured P2P personal loan rates to 9 99 will rivals match

Faircent cuts unsecured P2P personal loan rates to 9 99 will rivals match

Faircent.com has lowered the minimum interest rate on unsecured personal loans to 9.99%. The move intensifies competition in India’s peer to peer lending space, raising the question of whether other platforms will respond with similar pricing. For borrowers, the rate drop could mean cheaper credit, while lenders may have to balance margins, risk, and demand.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Life insurers record 16% premium growth as GST relief reshapes product demand

Life insurers record 16% premium growth as GST relief reshapes product demand

India’s life insurance industry saw new business premiums rise 16% to ₹4.59 lakh crore in FY26. Analysts attribute the jump to GST relief benefits, increased demand for regular premium policies, and a deliberate tilt toward higher-margin protection and long-term savings products. The shift signals insurers are optimizing both growth and profitability as customer preferences evolve.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Arohan Financial Services eyes 1400 crore IPO filing as microfinance rebounds

Arohan Financial Services eyes 1400 crore IPO filing as microfinance rebounds

Arohan Financial Services is in the final stretch to file its DRHP for a Rs 1,400 crore IPO that combines a fresh issue with an offer for sale. The move comes as microfinance conditions improve, with asset quality strengthening, loan portfolios recovering, and growth outlook looking steadier—fueling renewed investor interest.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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