Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
New research from Accenture has painted a worrying picture for senior business leaders. The consultancy giant gathered insight from 700 corporate risk professionals to understand how recent global volatility had impacted their businesses, with a specific lens over whether the management of Read More …
The proposed streamlining will include mandatory due diligence The Reserve Bank of India has proposed streamlining the process for on-boarding of Aadhar-enabled Payment System (AePS) service providers and introducing additional fraud risk management measures, in order to strengthen the security Read More …
Analyst Insight: In today’s volatile market, companies must proactively identify, assess and mitigate supply chain risks to ensure continuity of operations, reduce costs and keep customers happy. Shippers are getting more concerned about meeting customer service requirements as more carriers go Read More …
In today’s rapidly changing and interconnected world, businesses face a wide array of risks that can impact their operations, reputation, and financial stability. It is crucial for organizations to have a robust risk management framework in place to identify, assess, and mitigate Read More …
In this article, we will delve into the critical concept of financial risk management within the context of anti-fraud operations, especially as financial institutions navigate the complexities of the modern landscape. We will explore the complexities of this essential field, focusing on how Read More …
In George Orwell’s dystopian novel, 1984, the rulers of Oceania, a totalitarian state, enforce a language of simplified grammar and limited vocabulary meant to limit a person’s ability for critical thinking. In Orwell’s Newspeak, complex thoughts are reduced to simple terms and Read More …
Since the global financial crisis, Indian banks have performed better than their international counterparts in a number of criteria and have shown greater resilience. In the face of escalating geopolitical risks and unprecedented macroeconomic volatility, the Indian banking sector continues Read More …
Devise effective strategies to assess threats, vulnerabilities, and consequences Keeping a company’s networks and data safe from a sophisticated and diverse array of cyberthreats is a daunting task. Facing an increasingly dynamic and sophisticated threat environment, CISOs and security teams Read More …
1. Identify the challenge The first step is to identify the nature and scope of the new risk management challenge. What is the source of the uncertainty or complexity? What are the potential impacts and consequences of the challenge? What Read More …
The adoption of AI and ML has revolutionized the insurance industry in India. These technologies have been used for risk management, customer on boarding, and renewal collection, said Rajesh Krishnan, Chief Operations Officer, Bajaj Allianz Life. When the private insurance sector found Read More …