Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
AI is insurance underwriting by making it: Faster (automation of tasks) More accurate (data-driven decisions) More consistent (reduced human bias) More scalable (handling large volumes) Insurance underwriting is undergoing a major shift. What was once a document-heavy, manually driven process Read More …
Confused by the buzz around AI, RegTech, and blockchain in banking? Smart Online Course, in partnership with the Risk Management Association of India (RMAI) offers Online Certificate Course in AI & Emerging Technologies in Banking. This comprehensive course breaks down complex Read More …
A Forbes Tech Council article published on October 15, 2025, urges companies to rethink how they approach third-party risk management (TPRM). While many organisations blame vendors for lapses, the article argues that internal governance, data silos, and communication breakdowns often Read More …
NIST AI RMF Enrolment Link AI is revolutionizing industries. However, without proper training and implementation, it can increase bias, ruin trust, and lead to unseen risks. NIST AI RMF shows exactly how to implement, measure, and improve trust in AI Read More …
A recent EY report titled “Beyond the numbers: Shaping the future of non-financial risk management” highlights the urgent need for banks to modernize their approach to managing non-financial risks (NFR). As banks face increasing pressure from regulators, stakeholders, and the Read More …
A recent blog on Financial IT explores the growing concern of model risk in financial services, especially with the rapid adoption of AI and machine learning models. As financial institutions integrate AI into credit scoring, fraud detection, and portfolio optimization, Read More …
In the next five years, generative AI could fundamentally change financial institutions’ risk management by automating, accelerating, and enhancing everything from compliance to climate risk control. Generative AI (gen AI) is poised to become a catalyst for the next wave of productivity gains across Read More …
It’s no surprise that marketing is one of the first disciplines to embrace generative AI. In a recent State of Generative AI Survey by risk management platform Portal 26, 68% of respondents in the marketing, media and sales categories believed generative Read More …
Since the global financial crisis, Indian banks have performed better than their international counterparts in a number of criteria and have shown greater resilience. In the face of escalating geopolitical risks and unprecedented macroeconomic volatility, the Indian banking sector continues Read More …