The Reserve Bank of India announces the implementation of Basel III Standardised Approach for operational-risk capital, ...

RBI revises operational risk capital rules for commercial banks from April 1, 2027, covering business indicators, loss data ...

As financial services organizations adapt their business models and processes to take advantage of technology advances, operational risk management practices also may have to undergo reevaluation to ...

The RBI has revised operational risk capital norms for banks, covering income classification, derivative valuations and ...

Management and regulators need information about the bank’s risk profile, breaches of key risk indicators (KRIs), loss trends ...

When you own or manage a business, there's always a risk of loss or failure. Your decisions can affect how much risk your company faces, whether it's a financial risk, the risk of adopting a bad ...

This article is authored by Omesh Garga, managing director, dss+ India.

Operational risk is the risk of losses caused by flawed or failed processes, policies, systems, people or events that disrupt business operations. Unlike financial and market risks, which stem from ...

The real test of operational risk management is not simply how a bank performs on an ordinary Tuesday when every system works ...

Identifying and assessing operational risk lets you make changes in your company to secure operations and reduce risk of business failure. Operational risk is the total of risks you run when operating ...