What if there’s a rise of 29 basis points in interest rates by RBI? What if the exchange rates were to show a decrease by 30 per cent or increase by 29? What if an important client were to leave the firm? Once evaluated, the outcomes of these hypothetical scenari...
What is EWS & What does RBI’s Fraud Risk Management Directions mean for Financial Institutions? Posted onAugust 2, 2024 What is ONDC and How is it Revolutionising Digital Commerce in India? View More We're happy to hear from you
Further, to prevent capital flight from the country and manage currency volatility, the RBI intervened in the foreign exchange market; this led to additional liquidity tightening and eventual spillover to the real economy (RBI, 2013b; Shukla, 2014). Broadly, the GFC highlighted that bank ...
These revised Master Directions (MDs) have also been made applicable to Rural Cooperative Banks. With the issuance of three MDs on “Fraud Risk Management” for the three categories of lenders, existing 36 Circulars on the subject stand withdrawn, as per RBI. Topic: Appointments 7. Robert J R...
January 16, 2025/0 Comments/in corporate governance, Financial Services, NBFCs, RBI, Risk Management, scale based regulations /by Staff –Anshika Agarwal (finserv@vinodkothari.com) The Reserve Bank of India (RBI) has consistently emphasized the significance of robust internal control systems; where...
I have completed my degree (B.Com) and now I want to do a FRM (financial risk management) course. What is a good coaching center in Bangalore? I want to know about PGDM in financial markets from ITM Navi Mumbai. How good is the course? How good are the...
The policy measures were bolstered by several key legislative changes: the Foreign Exchange Management Act (FEMA), 1999; the Government Securities Act, 2006; the amendments to the RBI Act in 2006 to give explicit regulatory powers to the Reserve Bank over government securities, derivatives, and ...
RBI has already given instructions to all its banks to be well equipped with Internet and IT. This initiative will be a very beneficial one not just for the banks but also for its customer. Though the initiative started in early 2000 yet there are many steps still to be taken for which ...
RBI directs, banks to implement preventive measures. Further, banks implement internal controls to curtail the occurrence of banking frauds. Banks also frame their internal policy for fraud risk management and investigation. Financial crimes have become a priority issue for banks. CEOs of the banks ...
He was earlier an Executive director of RBI. He was elevated to the post of Deputy Governor in May 2021. He currently holds charge of central security cell, and departments of currency management, foreign exchange, internal debt management, information technology, payment and settlement systems, am...