PSBs should focus on robust asset-liability & risk management: Sitharaman

Union finance minister Nirmala Sitharaman on Saturday 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,” Read More …

Bank Failures Train Spotlight on Shortcomings in Risk Management

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 …

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 …

Banks Face An Uncertain Regulatory Landscape: Here’s How To Focus On The Most Serious Risks

The regulatory landscape for financial firms is in a state of flux, both in the U.S. and abroad. New anti-money laundering (AML) laws, sweeping new consumer protection requirements and new sanctions in response to Russia’s invasion of Ukraine are only a sampling of the regulatory Read More …

Embracing sustainable investing for good banking: ESG in BFSI

“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 …

NatWest Chairman Sir Howard Davies on operational resilience in banking

Sir Howard Davies discusses the ways regulations, interest rates, monetary policy, climate risk, and economic threats are affecting the resilience of the banking system. During this time of great uncertainty—marked by protracted pandemic-related risks, rising geopolitical tensions, expanding cyberthreats, upheavals in Read More …