Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Three major US bank failures in three months herald one thing for the banking sector – increased regulatory scrutiny and supervision. First Republic Bank joined Silicon Valley Bank (SVB) and Signature Bank by collapsing on May 1, 2023, just days Read More …
With the rise of digitisation and increased global connectivity, risks have become more complex and diverse, and risk management has had to adapt accordingly. Risk management has undergone significant changes in the past decade as the industry has evolved to Read More …
In the past year alone, the world of business has been impacted by geopolitical tensions, supply chain disruption, inflation, changing fiscal policies and regulations, and intensifying natural disasters. A lingering pandemic has also stress-tested the risk management processes of global Read More …
I must confess that it is a strong statement to make, especially when I have typically confined myself to the realms of probabilities in the past. Nonetheless, I am unequivocally convinced that the circumstances that led to the collapse of Read More …
Financial institutions are a prime target for cyberattacks due not only to the money they have but also the data their systems house. Money and data equal a goldmine for bad actors. In many cases, the data—an institution’s crown jewels that can Read More …
Rajesh Narain Gupta, MAR 26 2023, 22:24 ISTUPDATED: MAR 27 2023, 05:40 IST Representative image. Credit: Getty Photo India is one of the fastest growing economies and green finance is chasing our country from global development financial institutions (DFIs) as Read More …
Tough to measure and tricky to implement, how can organisations bolster risk culture? Tough to measure and tricky to implement, how can organisations bolster risk culture? The latest StrategicRISK Global Benchmarking Risk survey, revealed the extent to which risk culture has Read More …
Nearly 67 per cent of private companies do not have an adequate risk management function, and over 52 per cent are still not equipped with formal risk management processes, said a report by risk advisory firm MGC Global. Over 50 Read More …
Enterprise risk management transforms the way enterprises manage risks. With increased digitalization, the urgency to invest in risk management tools is seen across industry segments. This article highlights the top five emerging trends in enterprise risk management that will significantly Read More …
As banks and regulators scurry to respond to the most perilous industry conditions since the 2007-08 financial crisis, experts say one persistent issue needs attention: risk oversight that’s not always up to the job. Board-level risk committees at many banks have neither Read More …