Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
On 20 April 2010, hydrocarbons escaped from BP’s Macondo well beneath the Deepwater Horizon drilling rig in the Gulf of Mexico. Gas reached the rig, ignited and caused explosions and a fire. Eleven workers died, 17 suffered serious injuries, and Read More …
Risk management has become an essential capability for professionals across industries as organisations face increasing uncertainty from economic changes, technology disruption, regulatory developments and operational challenges. Traditionally viewed as a specialised function handled by risk teams, risk management is now Read More …
Artificial intelligence (AI) is increasingly transforming the risk management function by enabling organisations to identify threats earlier, analyse complex data patterns and make more informed decisions. As risks become more interconnected and dynamic, AI-powered tools are helping risk professionals move Read More …
For years, cybersecurity in Indian banks and financial institutions was treated largely as a technology problem, owned by the CISO and IT team, reported upward through periodic updates, and reviewed mainly at audit time. That framing has changed decisively. With Read More …
Many supply chain risk management (SCRM) plans fail because they overlook the complex interdependencies, dynamic risks, and operational realities of modern global supply chains. Experts note that traditional planning often focuses on static risk assessments without factoring in real-time disruptions, Read More …
The Reserve Bank of India (RBI) has recently released a draft circular proposing significant governance amendments for banks and NBFCs. These amendments are designed to strengthen board accountability, enhance risk oversight, improve internal controls, and address emerging operational and regulatory Read More …
Enterprise risk management is no longer just a compliance requirement. In today’s complex business environment, organisations face strategic, operational, technological, and regulatory risks that can significantly impact growth, reputation, and sustainability. Selecting the right risk management framework is critical for Read More …
The Reserve Bank of India has taken decisive action by deregistering 135 Non-Banking Financial Companies (NBFCs) that failed to meet regulatory and operational requirements. This move reflects RBI’s continuing focus on financial stability, governance discipline, and systemic risk mitigation. Simultaneously, Read More …
Artificial intelligence (AI) is increasingly transforming supply chain operations, offering efficiency, predictive analytics, and automation. However, experts caution that while AI feels intuitive and fun in everyday applications, its adoption in supply chains introduces operational, strategic, and ethical risks. AI-driven Read More …
The insurance industry operates in a highly dynamic and regulated environment. Understanding Enterprise Risk Management (ERM), Operational Risk, and Insurance & Financial Risks is crucial for professionals aiming to make strategic decisions, safeguard organisations, and drive business value. The Certified Read More …