Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The Reserve Bank of India (RBI) has expressed concerns about the escalating exposure to personal loans and has instructed non-banking finance companies (NBFCs) to bolster their risk management systems. This directive was issued during the RBI’s monetary policy review on Read More …
On 28 July 2022, APRA (the Australian Prudential Regulation Authority) released a new prudential standard, CPS 230, designed to strengthen the management of operational risk in the financial sector. Now, that standard is in full force. But why does an Read More …
While risk management is foundational for the insurance industry, companies often use outdated technology to identify and assess potential threats. If they utilize the Internet of Things instead, they can improve their standard practices and significantly benefit. Do Risk Management Practices Read More …
Growth in public cloud services will stand out over the next 12 months, as Gartner projects an overall 14% increase in cyber spending in 2024 Worldwide user spending on security and risk management tool and projects could reach as high Read More …
48% of employees have entered organizational data into an AI-powered tool their company hasn’t provided them for work. More organizations and employees are adopting AI for their work. Simultaneously, the drawbacks of AI also necessitate implementing risk management controls. So, Read More …
Portfolio manager and risk manager were among highest paid job roles in the BFSI sector, which witnessed a 53 per cent growth in job postings during February 2020-2023, according to a report on Thursday. The highest paying job roles in Read More …
The RBI has been urging banks to adopt effective risk management practices and strengthen their governance standards to avoid financial instability The boards of Indian banks must pursue robust risk management strategies and emphasise compliance and effective governance while preparing Read More …
Navigating the volatile world of Bank Nifty futures trading can be challenging, but with the right risk management strategies in place, you can mitigate potential losses and increase your chances of success. As a beginner, it’s crucial to Read More …
Cyber attacks are increasing as the number of vulnerabilities found in software has increased by over 50% in the last 5 years. This is a result of unpatched and poorly configured systems as 75% of organizations believe they are vulnerable to a cyberattack due Read More …
Union finance minister Nirmala Sitharaman on Thursday (July 6) chaired a meeting to review the performance of public sector banks (PSBs) and asked the banks to focus on risk management and diversification of business. She asked PSBs to ensure that Read More …