Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Concentration risk management has moved from being a routine prudential check to one of the most actively regulated areas of Indian banking and NBFC supervision. Over the past year, the Reserve Bank of India has substantially reworked the rules governing Read More …
Floods in one state, cyclones battering a coastline, a heatwave disrupting crop yields hundreds of kilometres away, disaster risk in credit appraisal is no longer a theoretical exercise for Indian banks and NBFCs. It is a live underwriting concern that Read More …
The Risk Management Association of India (RMAI) successfully conducted a three-day Enterprise Risk Management (ERM) Training Programme for Druk Holding & Investments Limited (DHI) and its portfolio companies from 22 to 24 July 2026 in Bhutan. The programme brought together Read More …
Indian banks are moving away from the incurred loss model and adopting ECL based provisioning, a forward looking approach to recognising credit losses on financial instruments. This shift, anchored in Chapter III of the new provisioning framework, changes not just Read More …
Every monsoon, cyclone season, and heatwave now carries a credit implication. A borrower who was “standard” in March can be under severe financial stress by August, not because their business model failed, but because a flood took out their inventory, Read More …
A Hybrid Capability-Building Programme for Banks, NBFCs & Regulated Financial Institutions Self-Paced Online Courses + Live Faculty-Led Immersion + Dual Certification under BFSI Sector Skill Council of India & RMAI Executive Summary Artificial intelligence is moving from experimentation to expectation Read More …
The modern digital banking ecosystem has expanded far beyond the traditional boundaries of internal IT parameters. With financial institutions increasingly relying on complex cloud architecture, core banking application programming interfaces (APIs), and third party FinTech vendor pipelines, the corporate threat Read More …
Banks and financial institutions increasingly rely on AI solutions from third-party vendors and FinTech partners. These collaborations enhance innovation and operational efficiency but also introduce operational, compliance, and reputational risks. Mismanaged AI systems can lead to failures, regulatory breaches, and Read More …
The Indian Personal Data Protection and Digital Privacy landscape is evolving rapidly with the enactment of the DPDP Act. As banks and financial institutions increasingly adopt AI systems, including predictive analytics, generative AI, and automated decision making, compliance with DPDP Read More …
For decades, financial institutions have relied on KYC and AML frameworks to identify customers, verify identities, and prevent financial crime. While these controls continue to evolve, fraudsters are evolving even faster. The emergence of deepfakes and synthetic identity fraud is Read More …