India is poised for a major transformation in credit risk management with its shift to the Expected Credit Loss (ECL) framework. This progressive move aims to bring greater transparency and accountability in credit risk assessment by incorporating forward-looking, dynamic evaluations. Read More …
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India’s Shift to ECL Framework: A Game-Changer for Credit Risk Management
AI financial tools: A smart way to manage money or a risky experiment?
The ever-evolving financial sector has been seemingly attracting cutting-edge technology over the last few years, with blockchain technology and digital currencies trying to help traditional finance evolve for over a decade. Now, artificial intelligence (AI) is bringing in new tools. Read More …
What happened to SVB cannot happen to banks in India
I must confess that it is a strong statement to make, especially when I have typically confined myself to the realms of probabilities in the past. Nonetheless, I am unequivocally convinced that the circumstances that led to the collapse of Read More …
ESG & Sustainability: The next frontier in finance
Rajesh Narain Gupta, MAR 26 2023, 22:24 ISTUPDATED: MAR 27 2023, 05:40 IST Representative image. Credit: Getty Photo India is one of the fastest growing economies and green finance is chasing our country from global development financial institutions (DFIs) as Read More …
How AI Is Disrupting And Reshaping The Future Of Banking
The banking industry has always been at the forefront of adopting new technology. Driven by the need to stay competitive and meet evolving demands, banks have transformed with cutting-edge technologies — especially artificial intelligence (AI) — that enhance customer experience, Read More …
Risk management: The ‘golden hour’ in cybersecurity
The first hour after a heart attack is known as “the golden hour.” Taking appropriate action within this first hour can save a patient’s life. Unfortunately, a high amount of fatalities occur before such patients reach the hospital. Replicate the Read More …
Cloud security top risk to enterprises in 2023, says study
Cloud-related risks are top of the cyber security agenda for senior executives in the UK, according to a PwC study, with 39% expecting such risks to “significantly affect” their organisation in the coming months, more so than other forms of cyber Read More …
How Financial Institutions Can Manage Third-Party Ransomware Risk
Ransomware attacks are occurring with more significant financial impacts and greater frequency. Financial institutions (FIs), in particular, are one of the most attractive ransomware targets due to the value of the assets managed and the criticality of the data involved. Read More …
How to build a career in Cybersecurity?
There is no doubt that, as technology advances, businesses throughout the world are facing more significant cyber threats than ever before. Concerns have also been raised about ransomware assaults that weaponize cloud resources, making networks even more susceptible. As the Read More …
How Financial Services can be successful when it comes to ESG risk
Environmental, Societal and Corporate Governance (ESG) risk is rising to the top of the agenda for financial services worldwide. In the UK, it seems there’s pressure coming from all sides, from consumers worrying about how ‘green’ their investments are, to Read More …