Brands
Brands miss a trick with gTLDs as Icann opens digital land grab
MUMBAI: A fresh survey from the Internet Corporation for Assigned Names and Numbers (Icann) reveals that 52 per cent of marketing leaders see serious brand-boosting potential in owning a bespoke top-level domain—but a third haven’t the faintest clue what a gTLD actually is.
Top-level domains (the bit after the dot, like .london, .tech or .love) are about to hit the market again, with Icann gearing up to open its first application window in over a decade come April 2026. But despite the looming gold rush, many brands are snoozing through the starter gun.
Of the 2,000-plus marketers surveyed across eight countries—including the UK, US, China and India—only 19 per cent had ever worked at a firm that applied for a gTLD. Yet once they were told what a gTLD is, a staggering 92 per cent could see the upside. Chief attractions? Brand differentiation (46 per cent), improved trust (45 per cent), tighter online control (44 per cent), and better SEO (44 per cent). In short, more power behind the dot.
Still, roadblocks remain. Cost (31 per cent), ignorance (27 per cent), and tight resources (24 per cent) are keeping the gTLD dream on ice for many. Regional views are anything but uniform: Nigeria (74 per cent) and India (61 per cent) are bullish on the potential, while China is more split—half the marketers there think gTLDs are worth it, the other half call them a waste of money.
This matters. Marketers say standing out online is their top challenge (53 per cent), followed by grabbing the right audience (52 per cent) and keeping up with digital trends (47 per cent). A gTLD—essentially your own walled garden on the Internet—could be a game-changer. Think trust, exclusivity, and a domain that actually means something.
Icann SVP of global domains & strategy Theresa Swinehart says: “The New gTLD Program: Next Round presents an opportunity for businesses, communities, governments, and others to apply to operate their own secure space online, tailored to fit their organization, community, culture, language, and customer interests. Now is also the moment for brands to consider applying for a gTLD, and this research tells us there is still a lack of awareness. Icann can help provide information and raise awareness of the Next Round and the opportunity it presents for global communities, organizations, and businesses, including brands.”
For brands looking to own their digital patch—whether it’s .coffee, .africa or .you—the clock is ticking. And with consumers more sceptical than ever online, trust might just come in three characters or more.
Read the full report: Understanding the gTLD Opportunity for Brands
Brands
YES Bank hands the keys to SBI veteran Vinay Tonse as it bets on a new era
Former SBI managing director appointed as YES Bank’s new MD and CEO
MUMBAI: YES Bank is done rebuilding. Now it wants to grow. The private sector lender has appointed Vinay Muralidhar Tonse as managing director and chief executive officer-designate, with RBI approval secured and a start date of April 6, 2026 confirmed. The three-year term signals the bank’s intent to shift gears from crisis recovery to full-throttle expansion.
Tonse, 60, is no stranger to scale. Most recently managing director at State Bank of India, he oversaw a retail book of roughly $800bn in deposits and advances, one of the largest in the country. Before that, he ran SBI Mutual Fund from August 2020 to December 2022, a stint that saw assets under management surge from Rs 4.32 lakh crore to Rs 7.32 lakh crore across market cycles. Add stints in Singapore and four years leading SBI’s overseas operations in Osaka, and the incoming chief arrives with a genuinely global CV.
His academic grounding is equally solid: a commerce degree from St Joseph’s College of Commerce, Bengaluru, and a master’s in commerce from Bangalore University.
The appointment follows an extensive search and evaluation process by the bank’s Nomination and Remuneration Committee. NRC chairperson Nandita Gurjar said the committee unanimously backed Tonse, citing his leadership track record, governance credentials and ability to drive the bank’s next phase of transformation.
Non-executive chairman Rama Subramaniam Gandhi was unequivocal. “I am certain that Vinay Tonse, with his vast experience as a senior banker, will propel YES Bank to its next phase of growth,” Gandhi said, adding that the bank remains focused on strengthening its retail and corporate banking franchises and expanding its branch network.
Rajeev Kannan, non-executive director and senior executive at Sumitomo Mitsui Banking Corporation, the bank’s largest shareholder, said Tonse’s experience across retail, corporate banking, global markets and asset management positioned him well to lead the lender. SMBC said it looks forward to working with Tonse and the board as YES Bank pursues its ambition of becoming a top-tier private sector lender anchored in strong governance and sustainable growth.
Tonse succeeds Prashant Kumar, who took the helm in March 2020 when YES Bank was in freefall following a severe financial crisis, and spent six years painstakingly stabilising the institution, rebuilding governance and restoring operational scale. Gandhi was generous: “The bank remains indebted to Prashant Kumar, who is responsible for much of what a strong financial powerhouse YES Bank is today.”
Tonse, for his part, struck a purposeful note. “Together with the board and my colleagues, I remain deeply committed to creating long-term value for all our stakeholders,” he said, pledging to build on Kumar’s foundation guided by his personal motto: Make A Difference.
Beyond the balance sheet, Tonse played cricket at college and club level and represented Karnataka in archery at the national championships — sports he credits with teaching him teamwork, situational leadership, discipline and focus. In quieter moments, he reaches for retro Kannada music, classic Hindi songs, and the crooning of Engelbert Humperdinck, Mukesh and Kishore Kumar.
YES Bank has its steady-handed rebuilder in Kumar to thank for survival. Now it has a scale-obsessed growth banker at the wheel. The next chapter starts April 6.
