Brij Raj

India’s financial sector is undergoing significant regulatory and economic shifts. The Reserve Bank of India (RBI) finalized new prudential norms for non-financial assets and issued draft guidance on data governance, signaling a heightened focus on risk management and data integrity amid rapid digitalization. Simultaneously, the Financial Inclusion Index rose to 70.0, reflecting improved financial access, while private corporate sales experienced a robust 10.1% year-over-year growth, driven by manufacturing, though rising raw material costs present a potential headwind. These developments suggest a resilient Indian economy navigating evolving regulatory landscapes, requiring businesses to prioritize data security and operational efficiency to capitalize on growth opportunities.