INSIGHTS
T
his article covers the current risk management
position in India and looks into the future from
an opportunities’ point of view in the area of risk
management. Key points discussed in the article
are drivers of risk management, current corporate
governance practices, challenges in the implementation of
risk management and emerging future opportunities. The
article looks into the present risk management position and
advocates that there are plenty of opportunities in this field
in time to come.
Corporate Governance Guidelines
Human existence is fraught with future uncertainties and
managing the same in your own way is not something
new, however, in recent times, with successive failure
of businesses across the globe, there is greater focus
on management of risk. The series of changes made to
corporate governance guidelines across the globe is a
testimony of the seriousness shown by different regulatory
authorities. Some of the recent changes brought up by
regulatory authorities across the globe are risk-based
capital provision in the banking an