Anup Bagchi has taken charge as the managing director and chief executive officer of HDFC Bank. He succeeds Sashidhar Jagdishan, who completed his tenure on October 26. HDFC Bank acknowledged Jagdishan's contributions in terms of performance and culture during his leadership. The bank expressed optimism for Bagchi’s leadership moving forward in terms of strategic priorities. They provided details regarding both executives in compliance with regulatory requirements effective from October 1.

The government has cut 47,957 compliance requirements across Central ministries and states to ease business operations, including 22,290 digitised, 16,141 simplified, 5,255 decriminalised and 4,271 eliminated, the Department for Promotion of Industry and Internal Trade (DPIIT) said.

Shaktikanta Das highlighted the essential role of the BFSI sector in financing infrastructure and new manufacturing. He emphasized the need for funding micro, small and medium enterprises as well as agriculture. Das proposed utilizing digital financial channels for efficient credit underwriting and financial inclusion. The segment must adapt to support next-gen Digital Public Infrastructure and sustainable finance.

Indira IVF is considering an acquisition of Sabine Hospital and Research Centre valued at ₹1,200-1,300 crore. Sabine provides a range of fertility and maternal healthcare services across two facilities in Kerala. The deal would strengthen Indira IVF's presence in the fertility treatment sector in India. Sabine is expected to generate a revenue of ₹230-250 crore in FY 27.

At GFF 2026, PRISM founder Ritesh Agarwal and Adyen’s Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hotel owners, how quickly money arrives now matters as much as whether a payment is accepted, and why AI is changing back offices faster than it is changing how people buy.

As Indian enterprises branch out to international markets, a fragmented payments ecosystem, non-compatible with the local payment rails, can be a major roadblock. PRISM’s journey to global markets, and its partnership with Adyen, highlights how a unified payments platform can mitigate the pain points and help businesses integrate local payment experiences with global scale seamlessly. Read on!

Recent cyberattacks have inflicted an estimated loss of ₹300 crore on Indian NBFC, with around 150 fraud cases reported. Focus has shifted towards identifying Chinese hacking platforms and AI toolkit involvement in these incidents. Exploiting operational weaknesses, these cybercriminals persistently launch their attacks, leading to urgent calls for NBFCs to bolster their cybersecurity frameworks to fend off further threats and safeguard their operations.

One Planet Partners has launched a private equity fund in partnership with Sumitomo Mitsui Trust Bank. The firm plans to raise over ₹3,000 crore and target mid-market companies in India. One Planet will focus on sectors such as energy, mobility, and manufacturing, offering growth capital of ₹100 crore to ₹500 crore. Yulu Bikes Private Limited is the firm's first investment, participating in their $93 million Series C funding round.