Model Risk Management for AI: The New Skill Every BFSI Risk Team Needs Before RBI’s Deadline

Model Risk Management for AI

Model Risk Management for AI is the discipline of governing every stage of an AI or machine learning model’s lifecycle, including development, validation, deployment, ongoing monitoring, and retirement, to ensure the model performs as intended and its limitations are understood Read More …

Why BFSI Professionals Need Soft Skills Training Too: Beyond Technical Skills

BFSI Professionals

BFSI professionals need soft skills training because technical certifications and regulatory knowledge alone no longer determine career progression in banking, insurance, and financial services. The World Economic Forum’s Future of Jobs Report 2025 projects that 60 percent of jobs will Read More …

Top 10 KYC/AML Failures in Indian Banks: Risks, Impacts and How to Avoid Them

Top 10 KYC/AML Failures in Indian Banks

The top 10 KYC and AML failures in Indian banks are outdated or overdue periodic KYC updation, weak transaction monitoring, non-issuance of Unique Customer Identification Codes, incorrect customer risk categorisation, fragmented legacy compliance systems, weak Video-KYC and digital onboarding controls, Read More …

RMAI Launches a Complete Insurance Learning Series: From Foundations to Insurtech

RMAI Launches a Complete Insurance Learning Series: From Foundations to Insurtech

Insurance is a core pillar of the financial services ecosystem. The sector has evolved rapidly due to technology, shifting customer expectations, and complex regulatory demands. Professionals now need to navigate operational, compliance, and digital challenges simultaneously. RMAI’s new insurance learning Read More …

Top 10 Highest Paying Jobs in BFSI India in 2026

Top 10 Highest Paying Jobs in BFSI

The top 10 highest paying jobs in India’s BFSI sector in 2026 are: Chief Risk Officer, Chief Compliance Officer, Chief Information Security Officer, Actuary, Head of Internal Audit, Chief Technology Officer in Banking, Investment Banker and Capital Markets Professional, Senior Read More …

Best Risk Management Certifications for BFSI Professionals in India 2026

Best Risk Management Certifications for BFSI Professionals in India 2026

The best risk management certifications for BFSI professionals in India in 2026 include the RMAI and BFSI Sector Skill Council dual certification through Smart Online Course, the Financial Risk Manager (FRM) by GARP, the Certified in Risk and Information Systems Read More …

Top 10 Cyber Risk Gaps in Indian Banks: RBI Compliance Checklist 2026

Top 10 KYC/AML Failures in Indian Banks

The top 10 cyber risk gaps in Indian banks in 2026 are: weak IT governance frameworks, inadequate third-party vendor risk management, delayed patch and vulnerability management, insufficient cyber incident detection and response, poor employee cyber awareness, incomplete data privacy and Read More …

The 5 Skill Gaps Every BFSI L&D Head Needs to Close in 2026

Continuous Monitoring and Vendor Risk Management in Banking

The five skill gaps every BFSI L&D head needs to close in 2026 are: regulatory and compliance literacy, credit risk and NPA management, AI and digital risk readiness, ESG and climate risk awareness, and operational and fraud risk capabilities. Closing Read More …

Liquidity Stress Testing Frameworks and NBFC Risk Governance

Liquidity Stress Testing Frameworks and NBFC Risk Governance

The structural vulnerability of Non-Banking Financial Companies (NBFCs) within the Indian financial ecosystem has become a focal point of intense regulatory scrutiny. Unlike traditional commercial banks that enjoy a stable base of retail low-cost deposits, NBFCs operate under a highly Read More …

Risk Culture: The Invisible Control Framework

When major corporate failures occur, investigations often reveal a familiar pattern. Policies existed. Controls were documented. Committees met regularly. Reports were submitted. Yet warning signs were ignored, concerns were not escalated, and risks continued to build until they eventually materialised Read More …