Synopsis The Reserve Bank of India (RBI) updated its “guidance note” on operational risk management for the financial sector, extending it to include NBFCs and housing finance companies. The note highlights that operational disruptions can threaten the viability of regulated Read More …
Tag: NBFCs
RBI updates guidance note on operational risk management, extends it to NBFCs
RBI Issues Comprehensive Directions On IT Governance In Banks, NBFCs
The key focus areas of IT governance will include strategic alignment, risk management, resource management, performance management and business continuity/ disaster recovery management The RBI on Tuesday came out with a comprehensive guideline related to information technology (IT) governance and Read More …
RBI urges NBFCs to enhance risk management amid rising personal loan exposure
The Reserve Bank of India (RBI) has expressed concerns about the escalating exposure to personal loans and has instructed non-banking finance companies (NBFCs) to bolster their risk management systems. This directive was issued during the RBI’s monetary policy review on Read More …