Foundations of Risk and the Basic Risk Management Framework

Risk Management

IntroductionRisk, in the context of business and organizational operations, refers to the potential for loss, damage, or adverse consequences resulting from uncertain events or conditions. It signifies the possibility that undesirable outcomes may impact various facets of an organization, including its financial performance, operational continuity, regulatory compliance, and reputation. To address these uncertainties effectively, organizations…

The threshold limit for Small Business Customers increased to align with the Basel III framework: RBI

Risk Management

In order to protect depositors from the risk of a bank becoming insolvent, the banking regulator has prescribed banks and other authorised financial institutions to fund themselves with a minimum amount of capital (CAR) in terms of Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure…

Challenges in Implementing FinTech Solutions in Retail banking and Trade Finance

Information Technology

The implementation of financial technology (FinTech) solutions offers transformative potential for the global financial services sector, particularly in the domain of retail banking and trade finance. However, despite rapid adoption and innovation, several economic, regulatory, technical, and security-related challenges continue to impede the effective integration and scaling of FinTech across industries and jurisdictions. 1. Economic…

A Sample Process of International Trade Using Blockchain Technology

Information Technology

Introduction: What Is Blockchain? Blockchain is a decentralized, distributed ledger system that records transactions in a secure, transparent, and immutable manner. Imagine it as a digital ledger, where each “page” represents a block of verified transactions, and every page is sequentially linked—forming a chain. Any attempt to alter a block would disrupt the entire chain,…

Digital Delivery Channels in FinTech for International Banking

Information Technology

In the era of digital transformation, delivery channels play a crucial role in the dissemination of financial services through technology-driven platforms. In the FinTech domain, digital delivery refers to the mechanisms through which financial institutions and FinTech companies offer their products and services to customers via digital mediums. These include mobile applications, web-based platforms, payment…