Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The Indian Personal Data Protection and Digital Privacy landscape is evolving rapidly with the enactment of the DPDP Act. As banks and financial institutions increasingly adopt AI systems, including predictive analytics, generative AI, and automated decision making, compliance with DPDP Read More …
For decades, financial institutions have relied on KYC and AML frameworks to identify customers, verify identities, and prevent financial crime. While these controls continue to evolve, fraudsters are evolving even faster. The emergence of deepfakes and synthetic identity fraud is Read More …
Enterprise Risk Management (ERM) has evolved from a compliance exercise into a strategic management discipline. Modern organizations operate in environments shaped by cyber threats, regulatory change, geopolitical uncertainty, technology disruption, operational complexity, and reputational risk. Despite significant investment in risk Read More …
Non-Banking Financial Companies (NBFCs) play a critical role in India’s financial ecosystem by extending credit to underserved sectors, supporting MSMEs, financing infrastructure projects, and promoting financial inclusion. Over the past decade, the sector has witnessed significant growth and innovation. However, Read More …
Artificial Intelligence is increasingly transforming government tender management processes for large enterprises by improving efficiency, compliance monitoring and decision-making across procurement operations. Industry experts noted that large organisations handling multiple government tenders often face operational challenges related to document verification, Read More …
The insurance industry is evolving rapidly due to digital transformation, rising customer awareness, regulatory expansion, and growing demand for financial protection products. As a result, insurance is becoming one of the most promising career sectors within banking and financial services. Read More …
The Comptroller and Auditor General of India (CAG) is exploring the use of artificial intelligence-driven tools to strengthen detection of procurement fraud, vendor collusion, and cartelisation within public auditing systems. The initiative reflects growing efforts to modernise governance frameworks and Read More …
Risk management has become one of the most important and fastest growing career domains across banking, financial services, insurance, FinTech, consulting, and corporate governance. As organisations face increasing regulatory pressure, cyber threats, operational complexity, and financial uncertainty, the need for Read More …
Indian authorities have directed banks and insurance companies to strengthen spending controls and enhance financial discipline amid increasing focus on operational efficiency, governance, and prudent resource management. The move reflects broader efforts to reinforce accountability and financial stability across the Read More …
FinTech companies are transforming financial services through faster payments, digital lending, embedded finance, AI driven analytics, and customer centric innovation. However, rapid growth without strong risk architecture can expose institutions to operational failures, cybersecurity incidents, regulatory action, and reputational damage. Read More …