Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Union finance minister Nirmala Sitharaman asked public sector banks (PSBs) to adhere to the regulatory norms and focus on robust asset liability and risk management elements. “Banks should integrate corporate governance policies and ensure prudent liquidity management,” Sitharaman added while Read More …
The adequacy of regulations and efficacy of regulators in preventing the failure of banks and financial institutions (BFIs) has again been under debate after the recent failure of three smaller banks such as the Silicon Valley Bank (SVB), Signature Bank Read More …
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 …
As traders rush to identify where the next bout of volatility will come from, some watchdogs think the answer may be buried in the huge pile of hidden leverage that’s been quietly built over the past decade. More than a Read More …
As banks and regulators scurry to respond to the most perilous industry conditions since the 2007-08 financial crisis, experts say one persistent issue needs attention: risk oversight that’s not always up to the job. Board-level risk committees at many banks have neither Read More …
Banks have requested the Reserve Bank of India (RBI) to relax the rules on reporting loan related fraud. They told the RBI that the existing norms are too stringent, The Economic Times (ET) reported. The banks have sought a month’s time Read More …
With the news of harassment of customers by digital lenders becoming frequent – in some cases the harassed borrowers even committing suicide – the Reserve Bank of India (RBI) has decided to issue stringent guidelines to put an end to Read More …
Indian banks and global investors are considering caps for their exposure to the Adani firms amidst the conglomerate’s aggressive growth push, which is riding on acquisitions, S&P Global Ratings said. Even as the Group tries to grow in new business Read More …
“Sustainability”: The overarching goal of all global, local and commercial organizations since the 2010s seems primarily ambitious in the financial sector. An extensive study assessing NSE 600 companies in FY 2020-21, done recently underscores BFSI as one of the sectors Read More …
Money laundering, automated clearing house fraud and wire transfer scams are running rampant in the banking industry. U.S. financial institutions spent more than $4.5 billion on fraud detection systems in 2021 as continuous threats around real-time payments emerged in the Read More …