LIC Plans Up to 10% Equity Stake in NHB-Promoted RMBS Entity

Former RBI Deputy Governor B.P. Kanungo Joins IIFL Finance Board

IIFL Finance Ltd, one of India’s leading retail-focused non-banking financial companies (NBFCs), has announced the appointment of Shri B.P. Kanungo, former Deputy Governor of the Reserve Bank of India (RBI), as an Independent Director on its Board. With nearly four decades of distinguished service at the RBI, Shri Kanungo brings extensive experience across core areas of central banking, including currency management, foreign exchange regulation, payment and settlement systems, debt and reserve management, financial inclusion, IT governance, and consumer protection. During his tenur..

Tanla Strengthens Board with Appointment of Audit and Governance Expert Sunil Bhumralkar

Tanla Platforms Limited (NSE: TANLA; BSE: 532790), a leading global CPaaS provider, today announced the appointment of seasoned audit and governance professional Sunil Bhumralkar as an Independent Director. This strategic move underlines Tanla’s commitment to strengthening corporate governance as it accelerates its global growth.   With nearly 40 years of experience, Mr. Bhumralkar brings deep expertise in assurance, financial reporting, and governance. He spent over two decades as Senior Audit Partner at S R Batliboi & Associates LLP, the EY India member firm, leading the..

TCS, CEB Partner to Modernise Bank Reconciliation with AI Tools

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global IT services leader, has partnered with the Council of Europe Development Bank (CEB) to modernise its operations and enhance process efficiency. Through this collaboration, TCS will implement its flagship solution, TCS BaNCS™ for Reconciliations, to help the bank automate reconciliation processes using artificial intelligence and intelligent automation. The platform will enable CEB to automate its entire reconciliation workflow—from transaction matching and exception handling to investigations and reporting. It is design..