Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Uttar Pradesh was at the top with around 200,000 cases, the highest across 36 states and union territories. Next was Maharashtra with 130,000 complaints reported, followed by Gujarat (120,000) A total of 1.13 million cases of financial cyber fraud were Read More …
When making intuitive decisions, individuals are rarely risk-neutral or consistently risk-averse How do individuals make decisions in situations involving risk? How do we instinctually trade off the potential for a gain with the potential for loss? Most individuals fear losses Read More …
Analyst Insight: In today’s volatile market, companies must proactively identify, assess and mitigate supply chain risks to ensure continuity of operations, reduce costs and keep customers happy. Shippers are getting more concerned about meeting customer service requirements as more carriers go Read More …
The Enforcement Directorate will probe Paytm Payments Bank if any evidence of illegal activity is found, Revenue Secretary Sanjay Malhotra said. India’s central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed Read More …
In today’s rapidly changing and interconnected world, businesses face a wide array of risks that can impact their operations, reputation, and financial stability. It is crucial for organizations to have a robust risk management framework in place to identify, assess, and mitigate Read More …
In this article, we will delve into the critical concept of financial risk management within the context of anti-fraud operations, especially as financial institutions navigate the complexities of the modern landscape. We will explore the complexities of this essential field, focusing on how Read More …
According to the Ministry of Finance of the Government of India, in FY 2022-23, there were 95,000 cases of UPI fraud, which is an increase from 84,000 noted in FY 2021-22. This data, thus, underlines the importance of protective measures against Read More …
In George Orwell’s dystopian novel, 1984, the rulers of Oceania, a totalitarian state, enforce a language of simplified grammar and limited vocabulary meant to limit a person’s ability for critical thinking. In Orwell’s Newspeak, complex thoughts are reduced to simple terms and Read More …
With over half of the world’s total GDP (circa $58 trillion of economic value) being moderately or highly dependent on nature, the degradation of our natural capital represents an escalating threat to our ecosystems, and to the financial stability of nations and Read More …
Swiss Re has forecast that total insurance premiums in India will grow by 7.1 per cent in real terms, well above the global (2.4 per cent ), emerging market (5.1 per cent ) and advanced market (1.7 per cent ) Read More …