Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
RBI has finalised a compensation framework for victims of small-value digital fraud in banking, effective from January 1, 2027. A bona fide individual victim with a gross loss of up to ₹50,000 from a fraudulent electronic banking transaction will be Read More …
Mumbai, India – February 2025 In a significant move to enhance digital banking security, the Reserve Bank of India (RBI) has announced the introduction of an exclusive “.bank.in” domain for Indian banks. This initiative, aimed at reducing financial fraud, was Read More …