For the last few years, AI in banking has mostly meant AI that recommends. A model flags a suspicious transaction, scores a credit application, or suggests the next best product, and a human banker still presses the button. That line Read More …
Tag: RMAI courses
Agentic AI in Banking: Who Is Accountable When AI Takes Action?
Expected Credit Loss Data Gaps Banks Must Address for Accurate ECL
Expected Credit Loss (ECL) frameworks have become a cornerstone of modern banking risk management, especially under IFRS 9 and similar accounting standards. ECL is designed to quantify potential losses on loans and credit exposures before they actually materialize. While much Read More …
RBI 2026 Draft Governance Changes for Bank Boards
The Reserve Bank of India (RBI) has recently released a draft circular proposing significant governance amendments for banks and NBFCs. These amendments are designed to strengthen board accountability, enhance risk oversight, improve internal controls, and address emerging operational and regulatory Read More …
COSO ERM vs ISO 31000: Which Risk Framework Fits Your Organisation
Enterprise risk management is no longer just a compliance requirement. In today’s complex business environment, organisations face strategic, operational, technological, and regulatory risks that can significantly impact growth, reputation, and sustainability. Selecting the right risk management framework is critical for Read More …
Certified Risk Management Professional in Insurance Industry (CRMPII) – RMAI Insurance Risk Certification
The insurance industry operates in a highly dynamic and regulated environment. Understanding Enterprise Risk Management (ERM), Operational Risk, and Insurance & Financial Risks is crucial for professionals aiming to make strategic decisions, safeguard organisations, and drive business value. The Certified Read More …
Top 10 KYC/AML Failures in Indian Banks: Risks, Impacts and How to Avoid Them
The top 10 KYC and AML failures in Indian banks are outdated or overdue periodic KYC updation, weak transaction monitoring, non-issuance of Unique Customer Identification Codes, incorrect customer risk categorisation, fragmented legacy compliance systems, weak Video-KYC and digital onboarding controls, Read More …
GCC Jobs in India: Banking, Risk & Compliance Careers
Global Capability Centers (GCCs) have become one of the largest employment generators in India’s banking and financial services ecosystem. A GCC (Global Capability Center) is an offshore or global operations hub established by multinational organizations to manage critical business functions, Read More …
Upcoming Risk Management Programs by RMAI & Smart Online Course | Building Future-Ready Risk Professionals
Building Future-Ready Risk Professionals Risk management programs are no longer limited to policy frameworks and academic models. Across banking, insurance, financial services, and corporates, risk professionals are expected to demonstrate practical judgment, regulatory awareness, and the ability to translate risk Read More …