Analyst Insight: In today’s volatile market, companies must proactively identify, assess and mitigate supply chain risks to ensure continuity of operations, reduce costs and keep customers happy. Shippers are getting more concerned about meeting customer service requirements as more carriers go Read More …
Author: RMA INDIA
Why Do Companies Need Risk Management in Today’s Volatile Marketplace?
Thousands of accounts at Paytm Payments Bank set up improperly, used for money laundering: Report
The Enforcement Directorate will probe Paytm Payments Bank if any evidence of illegal activity is found, Revenue Secretary Sanjay Malhotra said. India’s central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed Read More …
The evolution of risk management: Will it overtake ESG practices in 2024?
In today’s rapidly changing and interconnected world, businesses face a wide array of risks that can impact their operations, reputation, and financial stability. It is crucial for organizations to have a robust risk management framework in place to identify, assess, and mitigate Read More …
Financial risk management and anti-fraud operations
In this article, we will delve into the critical concept of financial risk management within the context of anti-fraud operations, especially as financial institutions navigate the complexities of the modern landscape. We will explore the complexities of this essential field, focusing on how Read More …
RBI Guidelines for UPI Frauds in Banks
According to the Ministry of Finance of the Government of India, in FY 2022-23, there were 95,000 cases of UPI fraud, which is an increase from 84,000 noted in FY 2021-22. This data, thus, underlines the importance of protective measures against Read More …
Risk Management Overtakes ESG And DEI In 2024
In George Orwell’s dystopian novel, 1984, the rulers of Oceania, a totalitarian state, enforce a language of simplified grammar and limited vocabulary meant to limit a person’s ability for critical thinking. In Orwell’s Newspeak, complex thoughts are reduced to simple terms and Read More …
Gender and nature risk management: A four pillar approach for financial institutions
With over half of the world’s total GDP (circa $58 trillion of economic value) being moderately or highly dependent on nature, the degradation of our natural capital represents an escalating threat to our ecosystems, and to the financial stability of nations and Read More …
Uninsured losses of $32.94 billion in India due to natural disasters in five years: Swiss Re
Swiss Re has forecast that total insurance premiums in India will grow by 7.1 per cent in real terms, well above the global (2.4 per cent ), emerging market (5.1 per cent ) and advanced market (1.7 per cent ) Read More …
The four pillars of supplier Risk Management Transformation
In my previous blog, I introduced the five biggest problems that today’s procurement organisations are facing with supplier risk. As the results of our survey showed, very few organisations currently have the combination of reliable intelligence, consistent processes, and holistic visibility Read More …
Main Challenges in Risk Management and Assessment
In today’s dynamic landscape, businesses need to be ready to face countless risks, from cybersecurity and environmental threats to financial issues. With technology evolving, new threats are popping up each year, making risk management tougher for companies worldwide. While the advancing Read More …