Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The Reserve Bank of India’s April 2026 regulatory updates mark a significant shift in the country’s banking landscape. These reforms focus on strengthening digital security, supporting export driven sectors, and refining capital market exposure norms. From a risk management perspective, Read More …
Banking risk management is no longer limited to traditional areas such as credit and market risk. As financial institutions evolve, new risk areas have emerged that directly impact customer trust, regulatory compliance, and institutional stability. Among these, customer service, cyber Read More …
Robotic Process Automation has significantly transformed the financial services sector. What began as a tool for automating repetitive tasks has evolved into a critical enabler of decision making, risk management, and governance. Financial institutions are increasingly adopting automation not only Read More …
By Dr. Rakesh Agarwal, Secretary General, Risk Management Association of India and Director, Smart Online Course The launch of Mission SAKSHAM by the Reserve Bank of India marks a defining moment in the evolution of Urban Cooperative Banks (UCBs). A Read More …
Cyber risk failures in banking are increasing as financial institutions rely heavily on digital infrastructure, cloud systems, and interconnected platforms. These failures are not limited to technology issues. They often arise due to weak governance, poor oversight, and gaps in Read More …
Customer service failures in banking are often underestimated as operational issues. In reality, they are significant risk events that can directly impact reputation, regulatory compliance, and customer trust. In an environment where customers expect fast, transparent, and consistent service, even Read More …
Risk management failures in banking rarely occur due to a single issue. They are usually the result of weak governance, poor oversight, delayed action, and gaps in control frameworks. These failures have significant consequences, including financial losses, regulatory penalties, and Read More …
Risk landscapes are evolving rapidly as organisations adopt new technologies and operate in increasingly complex regulatory environments. In 2026, risk is no longer confined to traditional financial or operational categories. It is becoming interconnected, dynamic, and difficult to predict. Artificial Read More …
Lenskart, one of India’s largest omnichannel eyewear companies, recently faced significant public attention following a controversy linked to an internal grooming or style guide document that circulated on social media. The document, which was widely shared online, raised concerns regarding Read More …
IRDAI Bancassurance Regulations India Guide provides a structured understanding of how banks distribute insurance products while ensuring compliance and customer protection. Bancassurance has become a key distribution channel in India, but it introduces operational, compliance, and conduct risks that require Read More …