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: Reserve Bank of India
RBI updates guidance note on operational risk management, extends it to NBFCs
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 …
Time right for banks to address gaps in governance framework, says RBI Deputy Guv
A top Reserve Bank of India (RBI) official has said the time is right for boards of Indian banks to address gaps in governance frameworks, including ensuring appropriate risk management practices and adhering to acceptable customer and market conduct. RBI Read More …
RBI Governor Asks PSU Banks To Strengthen Governance In Order To Mitigate Risks At Early Stage
Reserve Bank of India Governor Shaktikanta Das on Monday asked public sector banks to further strengthen their governance and risk management with a view to identify and mitigate risks at an early stage. The governor was addressing a Conference for Read More …