Search result for 'assurance functions'

RBI report highlights high employee attrition in private banks, reaching 25%, posing operational risks. The report urges banks to implement strategies to reduce turnover and enhance employee...

RBI Deputy Governor compares central banks to wicketkeepers, highlighting their critical role in financial stability and their visibility during crises.

RBI Governor Shaktikanta Das emphasizes the need for banks to further strengthen governance standards, risk management practices and compliance culture. The governor also discussed cybersecurity,...

The Reserve Bank of India has imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms over concerns about evergreening of loans.

RBI Deputy Governor Swaminathan J warns Asset Reconstruction Companies (ARCs) to comply with regulations in letter and spirit, raising concerns about increasing regulatory violations and unethical...

The Reserve Bank of India (RBI) held a conference for top ARC officials emphasizing sound governance, ethical conduct and compliance with regulations. Deputy Governors Rao and Swaminathan addressed...

RBI Deputy Governor highlights the growing threat of cyberattacks on banks, emphasizing the need for proactive risk mitigation strategies and robust cybersecurity measures.

Reserve Bank of India's Deputy Governor cautions non-bank lenders against over-reliance on unsecured lending and capital market funding, highlighting the potential risks to their stability.

The Reserve Bank of India has called on chief compliance officers and CROs to be proactive in mitigating risks, emphasizing the need for a forward-looking approach and collaboration between...