Family-Sponsored AIFs: A Powerful Blueprint for Control, Freedom and Multigenerational Wealth Stewardship Family-sponsored AIFs are becoming one of the most significant structural shifts in India’s wealth ecosystem. For decades, wealthy families relied on mutual funds, PMS models, insurance-linked products and private bank mandates. These avenues worked well for short-term returns, operational simplicity and regulatory comfort. But as India enters a generational transition, wealth creators are demanding more than “returns.” They want control, governance and long-horizon […]

GIFT City Advantage: HSBC & EY Compendium Maps India’s International Financial Future GIFT City Advantage is no longer a concept under discussion—it is a reality that global institutions are actively embracing. The launch of the compendium “The GIFT City Advantage: Doing Business in India’s International Financial Services Centre (IFSC)” by HSBC in collaboration with EY India offers a comprehensive and timely view of how GIFT City has evolved into India’s most credible international financial hub. […]

RBI Basic Savings Account Rules 2025: New Mandate for Mobile Banking, Zero Cash Deposit Charges & Wider Access RBI basic savings account rules 2025 bring a major shift in how banks must treat Basic Savings Bank Deposit (BSBD) accounts, ensuring that these low-cost and essential accounts offer the same level of digital access and customer convenience as regular savings accounts. The revised framework mandates free cash deposits, compulsory mobile and internet banking facilities, and the […]

New IBC Group Insolvency Rules 2025: Faster Resolution for Videocon-Like Bankruptcy Cases     1. Executive Summary / Key Highlights IBC Group Insolvency Rules 2025 introduce a coordinated mechanism for resolving bankruptcies of related companies. Allows a common bench and single resolution professional, cutting duplication and costs. Strengthens creditor recovery by preserving synergies across group entities. Empowers NCLT to enforce coordination agreements between distressed group companies and creditors. Builds on lessons from cases like Videocon, […]

Urjit Patel IMF Executive Director: India’s Global Voice in Financial Governance   Executive Summary / Key Highlights Former RBI Governor Urjit Patel has been appointed as IMF Executive Director for three years. Appointment approved by the Appointments Committee of the Cabinet (ACC) on 28 August 2025. As Urjit Patel IMF Executive Director, he will represent India’s interests at the International Monetary Fund. Patel earlier worked with IMF (1996–97) and advised on India’s debt, banking, pensions, […]