The Reserve Bank of India has issued the Reserve Bank of India (All India Financial Institutions – Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026. The notification was issued on September 22, 2026 and amends the regulatory framework Read More …
Category: Latest News
RBI Revises Investment Portfolio Rules for Financial Institutions
Guterres Calls for Global AI Risk Framework
United Nations Secretary-General António Guterres has called for stronger international cooperation to manage the potential risks arising from the rapid development of artificial intelligence. Addressing the opening of the 81st UN General Assembly, he said countries should work towards a Read More …
AI Governance Emerges as Insurance Advantage
Artificial intelligence adoption is becoming widespread across the insurance industry, but differences in governance, data readiness, implementation maturity and risk controls could determine which insurers convert AI investment into sustainable business value, according to a new S&P Global Ratings survey Read More …
Deutsche Bank Keeps Humans in AI Risk Decisions
Artificial intelligence is creating value across KYC, sanctions screening, transaction monitoring, fraud detection and credit risk, but Deutsche Bank says speed of adoption must not come at the expense of testing and human oversight. Tsvetanka Nankova of Deutsche Bank describes Read More …
Mumbai’s ₹7,346 Crore Flood Plan Faces Climate Resilience Questions
The Brihanmumbai Municipal Corporation (BMC) has proposed a ₹7,345.9 crore flood-risk management programme for Mumbai under the Urban Flood Risk Management Programme. The plan is divided into three broad components: around ₹2,194 crore for nature-based and stormwater measures, ₹2,142.5 crore Read More …
AI Agents Need Continuous Risk Assessment
AI agents cannot be secured effectively through a one-time risk assessment, because their risk profile can change when models, prompts, tools, permissions, data sources or operating environments change. A recent discussion with AI-security specialist Rohit Valia, cited in the supplied Read More …
US Banks Face New Vendor Risk Guidance
Four US financial regulators have proposed new third-party risk management guidance aimed at helping banks and credit unions tailor vendor oversight to the actual risks posed by individual third-party relationships. The proposal was issued by the Office of the Comptroller Read More …
NIST AI Framework Guides Risk
The NIST Artificial Intelligence Risk Management Framework (AI RMF) 1.0 provides organisations with a structured, voluntary approach to identifying, assessing and managing risks associated with artificial intelligence throughout its lifecycle. The framework is designed to help organisations incorporate trustworthiness considerations Read More …
RBI Tightens Market Risk Capital
The Reserve Bank of India (RBI) has issued directions setting out minimum capital requirements for market risk for commercial banks under the Basel III framework. The objective is to ensure that banks maintain sufficient capital to absorb potential losses arising Read More …
SEBI Forms AI Cyber Task Force
The Securities and Exchange Board of India (SEBI) has constituted a dedicated task force, cyber-suraksha.ai, to examine cybersecurity risks arising from advanced artificial intelligence tools, particularly AI-driven vulnerability identification systems such as Claude Mythos. SEBI said such tools can accelerate Read More …