Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
India meets more than half of its edible oil requirements through imports, with annual imports estimated at 17 million metric tonnes worth about $20 billion, NITI Aayog Vice-Chairman Ashok Kumar Lahiri said. Speaking at an event, Lahiri warned that India’s Read More …
A widespread Microsoft 365 outage disrupted Outlook, Teams and other services for more than 12 hours, affecting businesses, government agencies, hospitals, courts and airlines across multiple countries. Microsoft said the incident was not caused by a cyberattack, with server problems Read More …
The Office of the Comptroller of the Currency (OCC), Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA) have extended the comment period for proposed guidance on third-party risk management. The deadline has been moved Read More …
Organisations need to rethink traditional risk-management approaches as artificial intelligence, cybersecurity and operational risks increasingly converge, according to a new report from Wipfli. The convergence means that a technology-related disruption may no longer remain isolated within the information-technology function. AI-generated Read More …
Amjad Abdul Shukoor has been appointed Chief Performance and Resilience Officer at NMDC Energy, taking on a senior role focused on organisational performance and resilience. The appointment reflects the increasing importance of integrating performance management with resilience capabilities as energy Read More …
The government has extended the timeline for completing the strategic disinvestment of IDBI Bank to FY2026–27, with the process facing delays amid geopolitical and transaction-related considerations. The government and Life Insurance Corporation of India (LIC) are seeking to sell a Read More …
Indian companies are increasingly generating business value and revenue from artificial intelligence, but their preparedness to manage the associated risks is not keeping pace. The development highlights a widening gap between AI adoption and AI governance, as organisations accelerate the Read More …
The Insurance Regulatory and Development Authority of India (IRDAI) is moving towards a risk-based capital (RBC) framework that would align insurers’ capital requirements more closely with the risks they actually undertake. Unlike a uniform capital requirement, an RBC approach considers Read More …
The RBI’s evolving focus on API security in NBFC payout systems highlights the growing importance of securing the technology layer through which financial institutions connect with fintechs, payment platforms and other service providers. As API-based integrations increasingly support digital lending, Read More …
The Securities and Exchange Board of India (SEBI) has directed market intermediaries to update their KYC and tax-reporting systems in line with changes introduced under the new Income Tax framework. The move is aimed at ensuring that intermediaries’ systems, records Read More …