Inaccurate forecasting in the programme and project management environment is perhaps the key risk that tends to end up causing the most problems. The larger and more complex the programme of works, the greater the likelihood that the forecasting will Read More …
Author: RMA INDIA
The human issue with risk management
How AI Could Spark the Next Financial Crisis
The prospect of artificial intelligence has long been visible at the edges of the cultural horizon. For decades, the promises and pitfalls of AI have been entertained in sci-fi films and literature, serving as captivating thought experiments for how a digital intelligence Read More …
What is the Importance of Governance in AI
The latest regulatory developments in AI will help define AI compliance’s future. In this article, let’s explore the importance of Artificial Intelligence governance. Since the launch of OpenAI’s ChatGPT, millions of users globally have interacted with it. There is a Read More …
PSBs should focus on robust asset-liability & risk management: Sitharaman
Union finance minister Nirmala Sitharaman on Saturday asked public sector banks (PSBs) to adhere to the regulatory norms and focus on robust asset liability and risk management elements. “Banks should integrate corporate governance policies and ensure prudent liquidity Read More …
PSBs should focus on robust asset-liability & risk management: Sitharaman
Union finance minister Nirmala Sitharaman on Saturday asked public sector banks (PSBs) to adhere to the regulatory norms and focus on robust asset liability and risk management elements. “Banks should integrate corporate governance policies and ensure prudent liquidity management,” Read More …
Corporate culture as an integral element of risk management
Corporate culture is the values, beliefs, and behaviors that determine how employees and management interact in a company. A positive corporate culture promotes commitment and engagement among staff, helps attract and retain top talent, and shapes employee-customer interactions to build Read More …
Legal risk management of corporate investment and financing
The combination of investment and financing is a relatively young phenomenon in the domestic investment community. It aims for a win-win scenario through co-operation between investors and financiers, taking financing as the means and investment as the goal. While the Read More …
How effective is your firm’s risk management culture?
When Silicon Valley Bank (SVB) collapsed in March, sparking turmoil in the global banking sector, it left analysts questioning why the US lender’s problems hadn’t been spotted sooner. Several increases in the US Federal Reserve’s base lending rate over the preceding Read More …
What changes will GenAI bring to risk management?
The introduction of GenAI has brought wide-ranging and disruptive change to a vast range of industries. In the area of risk management, this is no different. According to Flagright growth manager Joseph Ibitola, the emergence of GenAI is poised to introduce both Read More …
Time right for banks to address gaps in governance framework, says RBI Deputy Guv
A top Reserve Bank of India (RBI) official has said the time is right for boards of Indian banks to address gaps in governance frameworks, including ensuring appropriate risk management practices and adhering to acceptable customer and market conduct. RBI Read More …