Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Digital lenders are strengthening their loan underwriting processes in order to manage their delinquency risk. Currently, they are working on improving their customer assessment standards and utilising more data technology to make better lending decisions, said industry players. “We are Read More …
While many of us in the financial services industry turn our sights to 2023, there is still much to be learned from a tumultuous 2022. After a period of relative financial calmness, volatility returned in a big way in 2022, Read More …
The operating environment of banks is fast changing. The key policy documents – Union Budget – 2023-24, Economic Survey 2022-23 and the aspirations set under India@100 during the Amrit Kaal – 2022-47 when seen together with the changing forms of Read More …
Economies and civilizations are experiencing multiple crises concurrently at this time. The era is marked by the simultaneous emergence and interaction of multiple, complex disruptions with widely varying causes and eventual outcomes. Climate change, the COVID-19 pandemic, record inflation and Read More …
For a long time, banks and financial institutions have been naive about their communication practices in the workplace. These less-than-optimal choices have not gone unnoticed by government factions, and some industry leaders are now facing multi-billion-dollar fines from the U.S. Read More …
Companies have become increasingly concerned with accurately assessing their business health in recent years. In today’s rapidly changing business environment, traditional methods such as relying solely on one year’s worth of a business’s financial data are no longer adequate. The Read More …
As financial institutions grapple with a period of heightened uncertainty, credit risk managers are under more pressure than ever to provide credible assessments of what might happen next. And a volatile market outlook, questions over the direction of monetary policy Read More …
There are two things on which it is easy to agree regarding Environmental, Social and Governance (ESG). First, with sustainability having become the focus of huge attention in recent years, it has stormed up the corporate agenda. Second, and less Read More …
Costly, impactful operational risk events – ranging from fraud, money laundering and record-keeping failures to geopolitical risk and Libor manipulation – grabbed many headlines in 2022. The businesses at the heart of several scandals, including Deutsche Bank, Goldman Sachs, JPMorgan Chase, Read More …
Economic and political turbulence caused by the COVID-19 pandemic and Russia’s invasion of Ukraine will be likely to heighten environmental, social and governance (ESG) credit risks this year, credit rating agency Moody’s said on Monday. The cost-of-living crisis stemming from Read More …