Risk Management

If India's growth story plays out over the next two decades, Vikas Saitja, MD & CEO at Shriram Wealth believes there is enough opportunity for more wealth management firms.

RBI has issued revised lending norms for urban co-operative banks, capping unsecured loans and tightening housing loan rules to strengthen risk management practices

YES Bank appoints S Anantharaman as Chief Risk Officer to oversee enterprise-wide risk, including credit, market, and operational frameworks

CBIC has floated an EoI to shortlist up to eight bidders for building a Customs Integrated System that unifies ICEGATE, RMS and ICES to cut cargo clearance time

RBI Deputy Governor Swaminathan J said regulators should coordinate to reduce overlaps and close gaps without hindering innovation, calling for proportional and outcome-based regulation

Seven sutras outlined for fair, transparent, and safe AI adoption

Those significantly overweight on these categories must book profits to rein in exposure. A lot depends on your horizon and risk appetite

Dive into the thriving Regtech sector, where demand for compliance solutions is high and competition is minimal. Discover why this could be your next entrepreneurial opportunity!

Learn the intricacies of managing a logistics business in India

The faith in the market is at epic levels and may require something equally epic to break the faith. High or even bubble valuations are irrelevant for non-institutional investors, said a KIE note

Capital markets regulator Sebi on Tuesday said it has set up a committee to review the ownership and economic structure of clearing corporations and suggest measures to ensure that clearing corporations function as resilient, independent, and neutral risk managers. The ad-hoc committee would be chaired by Usha Thorat, former Deputy Governor of the Reserve Bank of India (RBI). The decision has been taken in the wake of the substantial growth of Indian securities markets in recent years and the importance of clearing corporations as central risk management institutions. In a statement, Sebi said that the committee has been entrusted with the task of reviewing ownership structure as well as finances of clearing corporations. With regards to ownership structure, the committee will examine the feasibility, and broadening the list of eligible investors, who are allowed to take shareholding in a clearing corporation and suggest categories of investors who can acquire stakes in such ...

From a financial standpoint, the allure of diversifying, tax benefits, capital appreciation, and enjoying favourable rental yields serves as compelling incentive for investment in real estate

The RBI said all REs must perform a risk assessment and due diligence before entering into any arrangements with third parties or external entities

Hear it from one of the Big 4’s former top boss why you should look at risk management as your career move >

The development is forcing the industry to rethink some of its risk assumptions amid a clear uptick in the number of thunderstorms across Europe

REs have been instructed to ensure that DSA, DMA, and Recovery Agents are adequately trained to handle their responsibilities with care and sensitivity

Real-time fraud and risk management platform Effectiv on Wednesday said it has secured an additional USD 4.5-million capital in seed funding. It will be used to accelerate the company's growth in helping organisations fight financial fraud, it said. The latest funding round was led by Better Tomorrow Ventures and participation from Accel and angel investors. "Our product has resonated with our partners, especially when fraud is at an all-time high. We also recognise that the financial world is rapidly digitising, changing how consumers and organisations interact. "At the same time, advanced generative AI technologies are attacking organisations at a scale we have never seen," its CEO Ravi Sandepudi said. The platform -- which provides AI-driven solutions like payment fraud detection, customer and business onboarding verification and compliance management -- said it has experienced rapid growth since launching in 2022. The company has helped organisations process more than USD 27

Banks were exploring options to leverage AI-ML technology in credit risks for at least the last five years

The RBI has been urging banks to adopt effective risk management practices and strengthen their governance standards to avoid financial instability

Banking regulator has indicated five-year glide path for shift to new system