Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
A borrower rarely becomes a serious credit risk overnight. In most cases, the warning signs begin appearing much earlier—in financial statements, account transactions, repayment behaviour or business operations. The challenge for banks is recognising these signals before a manageable problem Read More …
The GI Council should utilize insurers’ collective bargaining strength to change hospital practices instead of enforcing a mandatory 10% co-payment. Recently, an article titled “Health Vs Wealth – Insurers have a new scheme – making insured patients foot part of Read More …
Banks and NBFCs now use AI for credit decisions, fraud detection, customer service and collections. Every one of those uses creates a risk someone has to own. That is why an AI governance career is becoming one of the most Read More …
Anyone looking for a way into Governance, Risk and Compliance runs into the same confusion early on. Some sources push short online courses, others push professional certifications, and many treat the two as if they were the same thing. The Read More …
The RBI directions for housing finance companies now sit in a single rulebook, the Housing Finance Companies (Reserve Bank) Directions, 2025, issued on 28 November 2025 as part of the Reserve Bank’s consolidation of its Master Directions. On 31 July Read More …
Internal Audit and Enterprise Risk Management sit closer to each other than almost any two functions inside a bank, NBFC, or financial institution, which is exactly why so many auditors eventually consider moving into ERM. Both functions exist to protect Read More …
Starting a career in Cybersecurity Governance, Risk and Compliance (GRC) can seem difficult for someone without an IT or computer science background. But GRC is different from highly technical cybersecurity roles such as penetration testing, security engineering or malware analysis. Read More …
Cybersecurity training for NBFC employees is no longer simply an HR awareness initiative or an IT department activity. RBI’s current framework expressly requires NBFCs to maintain an ongoing information-security training and awareness programme and to measure whether that training is Read More …
Introduction Inside most banks, NBFCs, and financial institutions, Audit Manager and Risk Manager roles are often confused with each other, sometimes even by the professionals occupying adjacent desks in the same building. Both roles exist to protect organisational value, ensure Read More …
At the second BRICS Finance Ministers and Central Bank Governors meeting held in Mumbai on September 10, 2026, central bank governors from BRICS countries announced a joint capacity-building initiative alongside their ongoing work on local-currency trade settlement and investment promotion. Read More …