Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The Reserve Bank of India (RBI) has recently released a draft circular proposing significant governance amendments for banks and NBFCs. These amendments are designed to strengthen board accountability, enhance risk oversight, improve internal controls, and address emerging operational and regulatory Read More …
Enterprise risk management is no longer just a compliance requirement. In today’s complex business environment, organisations face strategic, operational, technological, and regulatory risks that can significantly impact growth, reputation, and sustainability. Selecting the right risk management framework is critical for Read More …
The Reserve Bank of India has taken decisive action by deregistering 135 Non-Banking Financial Companies (NBFCs) that failed to meet regulatory and operational requirements. This move reflects RBI’s continuing focus on financial stability, governance discipline, and systemic risk mitigation. Simultaneously, Read More …
Artificial intelligence adoption in Indian banks is growing rapidly, enabling efficiencies in customer onboarding, credit assessment, fraud detection, and operational decision-making. However, these AI systems introduce new cybersecurity and operational risks. Recognizing this, the Reserve Bank of India released the Read More …
The insurance industry operates in a highly dynamic and regulated environment. Understanding Enterprise Risk Management (ERM), Operational Risk, and Insurance & Financial Risks is crucial for professionals aiming to make strategic decisions, safeguard organisations, and drive business value. The Certified Read More …
The financial services industry is experiencing one of the most profound technological transformations in its history. Artificial intelligence, machine learning, advanced analytics, and predictive models are rapidly becoming integral to lending, fraud detection, treasury management, customer onboarding, credit scoring, portfolio Read More …
RBI released the June 2026 edition of its Financial Stability Report (FSR) on June 30, 2026. The report finds India’s financial system resilient and well capitalised, with bank gross NPAs at a multi decadal low of 1.8%, strong capital buffers Read More …
Importance of agriculture to the Indian economy. In India: Agriculture remains the chief source of livelihood for nearly 55% of India’s population and contributes around 18% to the country’s GDP (2024–25, at current prices). The sector’s Gross Value Added (GVA) Read More …
RBI has finalised a compensation framework for victims of small-value digital fraud in banking, effective from January 1, 2027. A bona fide individual victim with a gross loss of up to ₹50,000 from a fraudulent electronic banking transaction will be Read More …
Aligned to RBI’s Draft Guidance on Regulatory Principles for Model Risk Management (June 2026) and the FREE-AI Framework (August 2025) Background The adoption of Artificial Intelligence, Machine Learning, and automated decision systems across the Indian financial sector has fundamentally changed Read More …