risk management

Kolkata, March 14 Geopolitical developments, economic volatility, rapid digitalization, cyber threats, and emerging technologies like artificial intelligence are reshaping the global risk landscape for organizations, posing new challenges for traditional governance and control systems, an...

Bengaluru, March 12 Fexo, an AI intelligence platform focused on the BFSI sector, announced on Thursday the launch of its proprietary AI decisioning engine for business loans.The new system is designed to help banks, NBFCs, and financial services providers accelerate the adoption of AI across...

Bengaluru, March 12 The Karnataka government said on Thursday that it has formed a committee on responsible AI to develop a comprehensive framework to guide the safe, ethical, and transparent adoption of AI across government systems and public services.The committee, chaired by Kris...

Mumbai, March 11 The capital markets regulator, Sebi, is exploring a new regulatory framework for Alternative Investment Funds (AIFs) that could speed up the launch of fund schemes, its Chairman Tuhin Kanta Pandey said on Wednesday.The proposed "Lodge and Launch" model would allow certain AIF...

New Delhi, March 9 Comptroller and Auditor General of India (CAG) K Sanjay Murthy said on Monday that autonomous institutions should use tools like the Risk-Control Maturity Scorecard (RCMS) to assess whether financial prudence is being followed.Addressing a workshop, organized with central...

Bengaluru, March 7 Karnataka Home Minister G Parameshwara said on Saturday that the state government had taken strict measures to curb cybercrime, including the establishment of specialized units and the expansion of cyber police infrastructure across the state.He was speaking after...

New Delhi, March 5 Private sector lender Yes Bank announced on Thursday the launch of an exclusive salary account, a solution designed to support the financial and lifestyle needs of working women ahead of International Women's Day.This new offering will bring together a suite of specialized...

New Delhi, March 5 The securities regulator, Sebi, has directed non-bank custodians to segregate regulated and unregulated financial services through separate strategic business units (SBUs), maintain separate accounts for these units, and meet net worth requirements independently for these...

New Delhi/ Mumbai, March 3 The state-owned Airports Authority of India (AAI) has asked all international airport operators in the country to provide details about available fuel stocks as well as estimated requirements for the next seven days amid the escalating Middle East crisis, sources said...

New Delhi, March 3 Freight carriers will have to pay an additional premium to restore war cover for shipments passing through high-risk areas amid the escalating crisis in West Asia, experts said.Vessels of the Shipping Corporation of India (SCI) are also involved in the movement of crude oil...

New Delhi, March 2 The IT industry body, Nasscom, has advised its member companies to avoid travel to affected areas in the Middle East and urged them to implement work-from-home (WFH) protocols for employees currently stationed in the region amid escalating tensions.In a statement, the...

India has issued an advisory urging all Indian nationals in Israel to exercise extreme caution and remain vigilant at all times, given the current security situation in the region. The Indian Embassy in Israel, in its advisory, has requested Indian nationals to strictly follow the safety...

Jammu, February 27 Reserve Bank of India Deputy Governor Swaminathan J said on Friday that India's financial system on the path to 2047 must be based on three pillars – safety, fairness, and reliability.Delivering the keynote address at the 3rd International Finance and Accounting Conference...

Union Minister of State for Finance, Pankaj Chaudhary, stated today that the government is strengthening India's customs administration to make it more technology-driven, transparent, and trade-friendly, while safeguarding national security and economic interests. Addressing a program to mark...

Mumbai, February 26 NSE's Managing Director and CEO, Ashishkumar Chauhan, on Thursday, advocated for "minimum qualifying criteria" for those participating in derivatives trading, to prevent people from lower socio-economic strata from losing money on speculation.In light of the findings of the...

New Delhi, February 26 – The Securities and Exchange Board of India (SEBI)'s decision to introduce a new category of mutual funds – Life Cycle Funds – with a tenure ranging from 5 to 30 years is a significant step for goal-based investing, experts said on Thursday.In its circular, SEBI stated...

New Delhi, February 25 Sebi Chairman Tuhin Kanta Pandey said on Wednesday that technology, including artificial intelligence, will play an increasingly important role in strengthening surveillance, enhancing transparency, and deepening investor awareness.Addressing global and domestic...

Mumbai, February 24 Vivriti Group launched Vivriti Next as its new operating and holding company on Tuesday, with founder and managing director Vineet Sukumar committing ₹200 crore to the entity.Vivriti Next will house the lending arm, Vivriti Capital, and the private credit business, Vivriti...

New Delhi, February 23 A total of ₹30.52 crore stuck in over seven lakh inactive accounts of the Employees' Provident Fund Organisation (EPFO) will soon be returned to the account holders or their legal heirs, a source in the Ministry of Labour and Employment said on Monday.In a review...

Stating that the country is on track to become the world's third-largest economy, SEBI Chairman Mr. Tuhin Kanta Pandey said this growth will also lead to an increase in the number of affluent investors. Reaffirming that the Portfolio Management Services (PMS) industry is well-positioned to meet...