Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
As we bid farewell to another turbulent year, recently christened PRMIA Kolkata Chapter brought together industry stalwarts, banking experts and thought leaders to its webinar on – Risk Paradigm to Sustain Indian Growth Momentum.Setting the context of the evening Mrutyunjay Read More …
Today’s financial organizations are evolving and modernizing, with many large financial organizations relying on wide-ranging third-party environments with thousands of suppliers and vendors. According to Gartner, 71% of organizations report that their third-party network contains more vendors than it did three years Read More …
Hundreds of fliers spent restless hours at Indian airports Wednesday morning after aircraft of Spicejet came to a standstill. Some took to social media platforms to register their ordeal, claiming that they were stranded for hours without a word from Read More …
Like everything else in life, running a small business comes with risks. As a business owner, there’s a non-zero chance you’ll have to deal with challenges like damaged equipment, market fluctuations, employee theft, unforeseen pandemics, or personal emergencies. The good Read More …
Innovation is one of the hallmarks of the technology industry where solutions and services evolve at the speed of light. Technology companies have little option but to continuously strive to be more agile and resilient, staying one step ahead of Read More …
Capital markets regulator Sebi on Monday put in place an elaborate risk management framework for electronic gold receipts. The watchdog has issued a circular pertaining to Electronic Gold Receipts (EGRs) that covers various aspects, including margin collection, provision of early pay-in of funds for EGR, short-collection Read More …
The Reserve Bank of India (RBI) has found three weaknesses in entities regulated by it during supervisory exercises in recent years. These are compliance, risk management and internal audit, Deputy Governor MK Jain said in a recent speech. “Failure/delay in detection and Read More …
Cybersecurity and risk expert David Wilkinson has heard some executives put off discussions about risk acceptance, saying they don’t have any appetite or tolerance for risk. “But every organization has to have some level of risk acceptance,” says Wilkinson, senior Read More …
Taking a cue from Winston Churchill’s observation that, “Generals are always prepared to fight the last war,” business leaders should make a reality about their plans to prevent or manage a crisis at their company or organization in the new Read More …