Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The RBI regularly issues directions, circulars, frameworks and regulatory guidance covering the major risks faced by banks and financial institutions. These regulatory documents influence several important areas of banking operations, including: Credit appraisal and monitoring Loan classification and provisioning Capital Read More …
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 …
The top 10 cyber risk gaps in Indian banks in 2026 are: weak IT governance frameworks, inadequate third-party vendor risk management, delayed patch and vulnerability management, insufficient cyber incident detection and response, poor employee cyber awareness, incomplete data privacy and Read More …
The recent regulatory changes introduced by the Reserve Bank of India in April 2026 mark a significant shift in the banking landscape. These reforms focus on strengthening digital security, supporting trade finance, and refining capital exposure norms. From a risk Read More …
Fraud in banking rarely occurs as a single isolated event. It follows recognisable patterns across transactions, customer behaviour, documentation inconsistencies, and operational control gaps. Detecting these patterns early is critical to preventing financial loss and regulatory exposure. This 5-hour practical course Read More …
A Real-World Case Study in AI Deepfake Banking Scams & Financial Risk Exposure Sector: Cybersecurity / BFSI / Technology Core themes: AI misuse, fraud risk, identity verification failures, regulatory response Why AI Deepfake Banking Scams are a “case” and not Read More …
The year 2022 was one of global financial uncertainty and risk, and 2023 may bring more of the same. For executives in payments risk management, planning for the year ahead should involve taking this geopolitical and financial uncertainty into account Read More …
Fraud is moving online. In 2021, when most people were stuck inside because of the pandemic, the Federal Trade Commission (FTC) reported a 70% increase in consumer fraud reports compared to 2020. Consumers lost a total of $5.8 billion to mostly impostor scams and Read More …
With the advancement of technology, digitisation has taken a central spot in the payment landscape. Digital payments are omnipresent in today’s interconnected world and have made transactions faster and simpler. This paradigm shift has revolutionised e-commerce and trade. The immense Read More …
Digital payments have revolutionised ecommerce and trade. The payment processes have become faster and simpler. In a country like India, there was significant scepticism surrounding the security and acceptance of digital payments, but such factors have been addressed through robust Read More …