Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
As the world copes with the repercussions of legacy emissions, there is growing pressure to achieve climate-compatible growth. Fiscal and monetary authorities will now have to be cognisant of the feedback from climate change to the economy and suitably adapt 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 Group amidst the conglomerate’s aggressive growth push, which is riding on acquisitions, S&P Global Ratings said on Thursday. Even as the Group tries to grow in new business Read More …
India’s banking sector is faced with the predicament of a “massive asset-liability mismatch” that could explode anytime, adding that there is a need to reassess laws governing the industry, renowned economist Pronab Sen said. Sen said “that explosion” has not Read More …
Our everyday routines are changing, and taking care of our finances is no exception. Due to the popularity of cashless and contactless payments, internet banking, and buy now, pay later (BNPL) services, the days of visiting a branch for basic 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 …
The hacker stole ₹7.3 crore over three months by manipulating the authorisation process of the payment gateway company to authenticate 831 failed transactions The South East cyber crime police are trying to track down a hacker who stole ₹7.3 crore Read More …
Rs.82000 crore bank frauds reported: As per RBI data, 12 PSBs (Public Sector Banks) had reported frauds worth Rs 81,921.54 crore (approximately Rs.82,000 crore) in preceding fiscal 2020-21. This data was revealed on the basis of the Right to Information (RTI) Read More …
The visibility of security risk from software went through a sea of change last year when the president of the United States issued an executive order on cybersecurity that was inspired at least in part by prominent and damaging breaches, many due Read More …
Banks continue to evolve and enhance their Comprehensive Capital Analysis and Review (CCAR) operational risk loss estimation process. Now they have a renewed focus on the qualitative aspects of estimation, as well as the leverage of and integration with their Read More …
