Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Financial institutions are increasingly re-evaluating the economics of model risk management as Artificial Intelligence, machine learning and advanced analytics become more deeply integrated into banking, insurance and financial services operations. Industry experts note that financial organisations now rely on a Read More …
As Artificial Intelligence becomes increasingly embedded in lending operations, industry experts are emphasising that human oversight remains essential to ensure fairness, accountability and responsible credit decision-making. The growing use of AI in banking and financial services has transformed processes such Read More …
State Bank of India (SBI) Chairman C.S. Setty has highlighted the transformative potential of artificial intelligence (AI) in strengthening financial market infrastructure and enhancing efficiency across the banking ecosystem. According to the report, AI can significantly improve core functions such Read More …
State Bank of India (SBI) has highlighted the growing role of artificial intelligence (AI) in transforming risk management across financial markets, signalling a shift towards more data-driven and predictive frameworks. According to the report, AI is enabling financial institutions to Read More …
IRDAI Bancassurance Regulations India Guide provides a structured understanding of how banks distribute insurance products while ensuring compliance and customer protection. Bancassurance has become a key distribution channel in India, but it introduces operational, compliance, and conduct risks that require Read More …
Managing collateral risk is not a one-time exercise but an ongoing process that requires continuous monitoring, evaluation, and adjustment. As lending environments evolve, financial institutions must ensure that the value and quality of collateral remain aligned with the underlying credit Read More …
Market risk refers to the risk of losses incurred due to fluctuations in market variables such as interest rates, foreign exchange rates, equity prices or commodity values. It is a central concern for banks and financial institutions. Effective Market Risk 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 …
Banks are no longer just lenders in today’s evolving financial landscape. They’re becoming one-stop financial partners. One major driver of this transformation is bancassurance – a partnership model where banks sell insurance products directly to their customers. Globally, bancassurance contributes Read More …
Risk management is becoming a cornerstone of Oman’s evolving banking sector as the country pursues its Vision 2040 agenda. A recent article from Zawya highlights how strategic risk oversight is no longer limited to regulatory compliance but is integral to Read More …