Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The structural vulnerability of Non-Banking Financial Companies (NBFCs) within the Indian financial ecosystem has become a focal point of intense regulatory scrutiny. Unlike traditional commercial banks that enjoy a stable base of retail low-cost deposits, NBFCs operate under a highly Read More …
The IL&FS crisis remains one of the most important governance and risk management failures in India’s financial system. When Infrastructure Leasing & Financial Services defaulted in 2018, the event triggered a major liquidity shock across NBFCs, mutual funds, and debt Read More …