Risk Management Association of India

Regulatory risk management is undergoing a significant transformation as organisations face increasingly complex regulations, technological disruption and growing expectations around governance and accountability. The role of regulatory risk professionals is moving beyond traditional compliance monitoring towards a more strategic function Read More ... The post The Evolution of Regulatory Risk Ma…

Artificial intelligence (AI) adoption in supplier risk management and sustainability functions is increasing, but widespread integration across organisations remains limited, according to industry findings from an Achilles survey. The survey highlights that while businesses are recognising the potential of AI Read More ... The post AI Adoption in Supplier Risk and Sustainability Reaches 37%, but …

South Asia continues to grapple with the growing vagaries of extreme climate risks, leaving millions increasingly exposed to recurrent, devastating disasters. Communities across the region continue to confront these uncertainties, often with limited capacity and resources for recovery. The recent Read More ... The post The changing hue of Climate Risk – The Need for a Holistic Risk Literacy Frame…

Risk management advisors are playing an increasingly important role in helping organisations establish and manage captive insurance structures that provide greater control over risk financing, improve resilience and support strategic risk management objectives. The evolving role of captive advisors goes Read More ... The post Risk Management Advisors: Driving Innovation and Impact in Captive Mana…

The country where an artificial intelligence (AI) model is developed provides limited insight into its actual risk profile, according to analysis highlighting the need for stronger AI governance, transparency and model evaluation frameworks. As organisations increasingly adopt AI systems, assessing Read More ... The post AI Model Risk Cannot Be Judged Only by Country of Origin first appeared on R…

India’s digital transformation has created one of the world’s largest technology-driven financial ecosystems, but sustaining this progress requires a stronger risk management infrastructure to address emerging challenges related to cybersecurity, data protection, operational resilience and technology governance. The rapid expansion Read More ... The post India’s Digital Success Story Needs Strong…

The growing adoption of frontier artificial intelligence (AI) in financial services requires stronger collaboration, governance and collective vigilance among banks, regulators and technology providers, according to industry leaders. The increasing use of advanced AI systems is transforming banking operations while Read More ... The post Banks Need Shared Vigilance as Frontier AI Reshapes Banking…

For Middle Layer NBFCs, regulatory compliance has become increasingly intertwined with governance, risk management, technology, outsourcing, customer conduct and supervisory preparedness. The Reserve Bank of India’s Scale-Based Regulation framework places greater regulatory intensity on NBFCs as they move beyond the Read More ... The post Compliance Function Training for Middle Layer NBFCs: RBI R…

Most BFSI institutions run risk training every year, yet many struggle to answer a simple question, is this training actually closing the capability gaps that matter most to the institution right now. Training calendars are often built around what was Read More ... The post How BFSI Institutions Can Conduct a Risk Training Needs Assessment first appeared on Risk Management Association of India .

The banking industry is entering a new phase where data is emerging as one of the most valuable strategic assets. As artificial intelligence (AI) adoption expands across financial services, banks that can effectively collect, manage and analyse data will gain Read More ... The post Data Becomes a Strategic Competitive Advantage first appeared on Risk Management Association of India .

The banking industry is entering a new phase of digital transformation where data is becoming one of the most important competitive assets. As banks increasingly adopt artificial intelligence (AI), the ability to collect, manage, analyse and use data effectively is Read More ... The post Banking Industry in AI Era: Data Becomes a Strategic Competitive Advantage first appeared on Risk Management A…

Financial institutions should prioritise improving data quality and data governance before investing heavily in additional regulatory technology (RegTech) solutions, according to industry experts. The recommendation highlights a growing challenge in financial services: advanced compliance technologies can only deliver effective outcomes Read More ... The post FinRegE Urges Banks to Fix Data Quali…

2026 has been an unusually dense year for NBFC regulation. RBI has reworked how NBFCs are registered and classified, revised concentration and credit facility norms, issued a consolidated recovery conduct framework, extended board level cybersecurity accountability to NBFCs, and set Read More ... The post RBI Compliance for NBFCs: Regulations and Updates 2026 first appeared on Risk Management Ass…

Artificial Intelligence is increasingly influencing how professionals work, analyse information, automate tasks, support decisions and identify new business opportunities across industries. Understanding Artificial Intelligence is therefore becoming valuable not only for technology professionals but also for managers, business professionals, entrepreneurs, Read More ... The post Free Preview of C…

India’s banking, financial services, and insurance sector is operating under a pace of regulatory and technological change that few institutions were built to absorb comfortably. RBI has reworked concentration risk, credit facilities, fraud risk, and loan recovery frameworks within a Read More ... The post Seven Risk Capabilities BFSI Institutions Must Strengthen first appeared on Risk Management…

Central banks worldwide are increasingly focusing on the potential systemic risks created by the rapid adoption of artificial intelligence (AI) across financial markets and institutions. While AI offers significant opportunities to improve efficiency, risk analysis and financial services, its widespread Read More ... The post Central Banks Face Emerging Systemic Risks from Artificial Intelligence…

Artificial intelligence (AI) is increasingly being adopted in customs and trade risk management to improve compliance monitoring, identify potential violations and enhance efficiency in cross-border trade operations. The use of AI in customs processes reflects the broader shift towards data-driven Read More ... The post AI-Powered Customs Risk Management Strengthens Trade Compliance first appeare…

Building a common risk management language across a national investment holding company and 19 portfolio companies spanning hydropower, banking, aviation, telecommunications, mining, and manufacturing is not a task that a standard, one size fits all training programme can accomplish. This Read More ... The post Case Study: Enterprise Risk Management Training for DHI Bhutan and 19 Portfolio Compan…

Operational incidents can disrupt business processes, affect customers, create financial losses and expose organisations to regulatory and reputational consequences. A single operational incident can also reveal weaknesses in processes, controls, technology and risk management frameworks. The quality of an organisation’s Read More ... The post Free Preview of Incident, Failure & Response Manageme…

On August 1, 2012, Knight Capital Group, then one of the largest market makers in United States equities, lost more than 460 million dollars in roughly 45 minutes. The cause was not a market crash, a fraud, or a cyberattack. Read More ... The post Knight Capital Risk Management Case Study: 7 Lessons for Financial Institutions first appeared on Risk Management Association of India .