Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The rapid digital transformation of India’s banking and financial services sector has fundamentally changed the nature, complexity and interconnectedness of financial risks. Banks, Non-Banking Financial Companies (NBFCs), financial institutions and other regulated entities increasingly depend on third-party service providers, cloud Read More …
RBI’s outsourcing directions, its July 2026 cybersecurity directions and its draft model risk guidance each keep the regulated entity accountable for what vendors, partners and models do. This guide shows where they connect and what risk, compliance, IT and audit Read More …
The GI Council should utilize insurers’ collective bargaining strength to change hospital practices instead of enforcing a mandatory 10% co-payment. Recently, an article titled “Health Vs Wealth – Insurers have a new scheme – making insured patients foot part of Read More …
S&P Global Ratings has launched Vault Risk Assessment, a new analytical framework designed to evaluate risks associated with digital asset markets. The initiative is intended to provide market participants with a structured way to assess risks surrounding digital assets and Read More …
Traci Leigh Ane Skolaski has been recognised by Influential Women for her work in enterprise-wide risk management and leadership. According to the profile, Skolaski has built a career focused on helping organisations understand and manage risk across multiple business functions, Read More …
Federal Reserve Vice Chair for Supervision Michelle Bowman has urged banks to take a more proactive approach to cybersecurity as artificial intelligence increases the speed and sophistication of cyber threats. Speaking at the 2026 Community Bank Cyber Workshop, Bowman highlighted Read More …
S&P Global Ratings has upgraded Wells Fargo’s long-term issuer credit rating to A- from BBB+, citing significant improvements in the bank’s governance, risk culture and operational oversight. The upgrade follows the termination of the US Federal Reserve’s seven-year asset cap Read More …
AI agents are creating a new dimension of technology risk because, unlike conventional software or standalone large language models, they can be connected to tools that allow them to read information, modify records, send communications or execute actions. A recent Read More …
The rapid growth of real-time payments, open banking, embedded finance, artificial intelligence and cloud computing is forcing financial institutions to rethink how risk is managed. Traditional batch-processing systems gave banks time to conduct fraud and compliance checks before settlement, but Read More …
Third-party administrators (TPAs) are increasingly being viewed not simply as service providers that help institutional investors and insurers select or administer portfolios, but as potential partners in risk management. The central argument is that the value of TPA relationships should Read More …