Page 2 - Risk Management

ICAI CA November 2022 PQC-IRM exam postponed; check revised schedule

ICAI CA November 2022 PQC-IRM exam postponed. Candidates can check the revised schedule on the official website of ICAI- icai.org

System-generated examination orders for B/E introduced

Under the new procedure, after processing BE data, Risk Management System (RMS) will generate a consolidated examination order for each selected BE based on potential risks.

Mitigating farm risk: Finance can be more helpful than agri economists

The financial markets have more-or-less stamped out uncertainty, and that can offer a lesson for reducing agricultural risk

Applying quality filter in the mid-cap space can reduce downside risk

While the traditional market cap based mid-cap index has the ability to beat the large-cap index over the long term, it is also more volatile. In an interview with Sanjay Kumar Singh of Business Standard, Anil Ghelani, head of passive investments at DSP Investment Managers, explains how simple filters like return on equity, debt to equity ratio, and earnings consistency enhance return while cushioning downside risk. Watch this interview to understand how their latest smart-beta offering based on the Nifty MidCap 150 Quality 50 Index works.

Sebi extends deadline for risk mgmt framework implementation till April '22

Sebi on Friday extended the deadline till April 1 next year for implementing the risk management framework for mutual funds as well as the two-tier structure for benchmarking of certain categories of schemes. The implementation was to come into force from January 1, 2022. Meanwhile, the watchdog has come out with guidelines on usage of pool accounts by mutual funds as well as norms for investment in Bills Re Discounting Scheme (BRDS). All these decisions have been taken after receiving representations from the Association of Mutual Funds in India (AMFI). As per the rules, trustees and Asset Management Companies (AMCs) will have to ensure that the assets and liabilities of each scheme are segregated and ring-fenced from other schemes of a mutual fund. Also, bank accounts and securities accounts of each scheme should be segregated and ring-fenced. However, the securities or funds held in the pool accounts at mutual fund level are duly segregated scheme-wise and is appropriately ...

RBI holds talks with SFBs on enhanced board oversight, risk management

Analysts say while most SFBs set up robust networks the past 3-4 years, they were hit badly by Covid-19 pandemic, and will need time to ramp up CASA deposits and secured credit

Poonawalla Fincorp strengthens top deck with six new appointments

While Rajendra Tathare is Chief Credit Officer, Rashmi Prasad is Head Analytics. Others include Mitul Budhbhatti, Manish Kumar, Surya V and Indiresh Phaltankar

Commercial Bank of Kuwait selects TCS BaNCS to transform treasury ops

CBK was looking for a modern, integrated treasury solution to help transform its treasury operations and offer new generation asset classes, enhance risk management, and ensure regulatory compliance

Info security, risk management spending to grow 9.5% in India: Gartner

Enterprise information security and risk management spending in India is likely to increase by 9.5 per cent this year to $2.08 billion (about Rs 15,076 crore), according to Gartner

India's info security, risk mgmt spending to grow 9.5% in 2021: Gartner

Gartner analysts spoke about how security and risk management leaders (CISOs) can advance their IT cybersecurity and risk strategy at the Gartner Security and Risk Management Summit India taking place

We should have 1,000-1,200 actuaries at the earliest: Irdai chairman

Currently, India has only 458 full-fledged actuaries. In 2019, there were 439 actuaries and in a year, that number has gone up by just 19

Five ways active traders can manage their risk for better returns

Knowing all the do's and don'ts of trading in regards to learning process and failures, one needs to be clearly focused on the risk management.

Unavailability of online risk management system led to mkt shutdown: NSE

The exchange said it was continuously working on resolution of the problem and once the same was resolved, it made an announcement on re-opening of the markets

Repayment rules

Avoid blanket extension of loan moratorium

'Faceless assessment of tax to help reduce corruption charges'

The CBIC has issued detailed instructions appointing nodal commissioners for the purpose of administratively monitoring the assessment practice in respect of imported goods

New-age brokerages rework risk management policies to tide over volatility

While some have restricted intra-day leverages given to clients for trading, others have stopped trading in illiquid scrips

Covid-19: Quality PMS portfolios will help weather this downturn better

Investors who are over-allocated to the mid- and small-cap category need to switch to large- and multi-cap-oriented schemes

MFIs managing risk by turning to tech innovation to ensure loan repayment

The technological interventions were necessitated by the increasing cases of defaults in the microfinance segment

India Inc has a long way to go in managing risks: EY

In India, reputation-risk, competitor innovation and economic uncertainty emerged as the top three concern areas