Background: The smooth continuity of any financial intermediation business is dependent upon a healthy bottom-line and sound compliance risk management. In fact in large measure compliance failures and consequent regulatory penalties which haRead More

Background: A Platform Economy (PE) also known as digital platform economy (DPE) has been evolving for quite some time. A platform or a Platform Technology (PT) which is actually a group of technologies  used as a base or infrastructure Read More

Background:   Regulated Entities (RE) must have a robust efficient and sound operating framework to know their customers. The framework universally known as Know Your Customer (KYC) framework must be strictly compliant with extant rRead More

Background: Individual financial institutions face significant exposure to cyber risk as financial intermediation is information technology-intensive and intermediaries are highly interconnected inter alia through payment systems. Therefore Read More

Background: Climate Change and the risk it entails is no more an uncertainty but a stark reality and therefore the threat posed by climate change must be addressed as a core economic and financial system challenge by all stakeholders with urRead More

Background: Post pandemic most economies face unique policy challenges in the midst of increasing uncertainties in the macroeconomic landscape. Pandemic outbreak in major links of global supply chains have resulted in lingering supply disruptRead More

Background: In recent times there have been several regulatory changes relating to banks’ operations in Indian financial markets. Reserve Bank of India (Credit Derivatives) Directions 2022 have been issued relating to credit derivativeRead More

Background: Advanced Technologies are increasingly redefining the structure function organisational culture and operating environment of financial intermediaries. While strategically calibrated adoption of advanced technologies could on theRead More

Background:    The Board of Directors (BOD) is ultimately responsible for effective governance of a Bank or a Financial Institution. Primarily the BOD builds its capability to govern through three streams of assurance functions (riskRead More

Background: Incidences of Financial Frauds in large loan accounts with huge financial loss implications have sharply risen in recent times. Digital & cyber frauds are also on the rise with increasing use of technology. Money laundering and Read More

Background:  The Internal Audit function provides assurance to the executive management and the Board of Directors that governance processes are sound and that existing internal controls are adequate to mitigate risks. However the fast chaRead More

Background: The HR landscape has been changing rapidly due to recent public health social economic and financial sector developments including the far reaching impact of the COVID 19 outbreak.  One of the worldwide surveys done by a leadRead More

Background: In recent times the NBFC sector has come under sharper regulatory focus due to several reasons. The sector has been playing an increasingly important role in the financial system contributing to nearly 20% of the total credit flowRead More

Background: Today data and analytics are arguably the most powerful enablers of business. Given that they play a crucial role in digital banking and digital transformation banks now handle an ever increasing volume of data which makes sound mRead More

Background: LIBOR transition is no more a future event. With regulatory prescriptions in place with a roadmap it is already a work in progress for banks financial institutions and corporates. Banks and other financial institutions following Read More

Background: The role of Chief Financial Officer (CFO) of banks and other financial intermediaries has been evolving over time to acquire increasingly enhanced status. In recent times the RBI and other financial regulators have tended to recognRead More

Background: Risk Management (RM) continues to evolve marked by bouts of advancements along with setbacks. Enterprise Risk Management (ERM) resulting largely from private sector initiatives promises to potentially aid the advancement in RM anRead More

Objective: If and when the climate change risk accentuates there could be sharp and large scale deterioration in the quality of assets on the books of financial intermediaries. Immediate and sweeping regulatory changes triggered by such crisisRead More

Background: In recent years there has been increasingly heightened research deliberations and activities on central bank digital currencies (CBDCs). CBDC is no more just a concept. Now we are talking in terms of not only CBDC but CBDCs. SomeRead More

Background: Agriculture and MSME are crucial sectors of the Indian economy. In the current pandemic situation while agriculture has remained largely unaffected the MSME sector has suffered impacting output and employment. Acknowledging the rRead More

Objective: This is a unique virtual leadership program for women officers at senior and middle levels in Banks Financial Institutions and NBFCs. This program has five building blocks. One it seeks to expose the participants to key theoretical Read More

Objective Recent developments including a spate of regulatory penalties on many Banks and Financial Institutions both in India and abroad due to serious compliance breaches and RBIs new regulatory framework on compliance function in banks haveRead More

Background: Retail lending (RL) in India has seen significant changes during the pandemic. The Pandemic has in general accelerated digitization initiatives across the banking sector. Several regulatory changes have cleared the way for new playerRead More

Background: COVID19 pandemic which has already lasted longer than a year has disrupted the normal operations in banks and financial institutions.  This has resulted in potential systemic stress which in turn could exacerbate the stress on iRead More

Objective of the Program This Virtual Learning Program (VLP) the first of its kind will provide unique learning opportunity to the Company Secretaries (CS) and Secretaries to the Boards (SB) working in the financial sector. The VLP seeks toRead More

Background: Risk Management in banks and financial institutions have seen repeated failures despite adoption of sophisticated approaches increasing stringency in regulation and intensive use of technology. Among other things the reasons for fRead More

Background: There is need for Enterprise Risk Management (ERM) that runs as an overlay on or adjunct to the usual risk management function in financial institutions. ERM encourages institutions to recognise and manage risks beyond the “silRead More

Chief Financial Officers (CFOs) traditionally owned the accounting & book keeping functions in banks. The key task before CFOs was the preparation of financial reports & statements. Over time they have been called upon to own the financRead More

Covid-19 pandemic an unprecedented event in our history has severely impacted lives across societies and economies. The risk of contagion which this pandemic has generated has forced lifestyle and work culture changes on individuals and organiRead More

Background: Frauds reported by banks and financial institutions increased 159% by value to Rs 1.85 lakh crore from Rs 71 543 crore in 2018-19. By volume the increase in 2019-20 was 28% (8 707 cases) as per data released by Reserve Bank of IndiaRead More

Objective: Agro-MSMEs which operate in the intersection of Agriculture and MSME sectors can be powerful vehicles of growth in the post-pandemic environment. The CAFRAL VLP seeks to build a business case for lending profitably to the Agro-MSMERead More

Objective of the Program This is CAFRAL’s first Virtual Learning Program (VLP) for the Non-Executive Chairpersons & Directors (NEC&D) of the Banks and Financial Institutions. This VLP will deal with some of the core and strategicRead More

Background: Digital Lending (DL) can potentially bring about exponential change in financial intermediation. A private sector joint study states that in India DL to MSMEs alone can grow upto seven lakh crore by 2023. To start with GST reform anRead More

Objective The objective of the series is to provide participants with a detailed understanding of key policy issues in international trade and how theory helps understand them. •      Why does India export textileRead More

The CAFRAL Web Conference seeks to engage with the Chief Human Resources Officers (CHROs) and Chief Learning Officers (CLOs) of the banks on challenges and opportunities thrown up by the COVID outbreak for HR Management and Learning Management. Read More

With a view to strengthening corporate governance in Indian banks the Reserve Bank of India (RBI) released a discussion paper (DP) on ‘Governance in Commercial Banks in India’ last month. Among other things the DP proposes to limitRead More

Banks conduct Stress Tests (ST) as part of the regulatory capital framework for assessing minimum level of capital requirement under stressed situations as also from liquidity adequacy risk management and strategic perspectives. A robust ST FrRead More

The Reserve Bank had issued Guidelines on Sale of Loan Exposures (which included direct assignment transactions) vide circular dated February 1 2006. They were updated on May 7 2012 and July 1 2013. Subsequently BCBS issued guidelines on secRead More

The Reserve Bank had issued Guidelines on Securitisation of Standard Assets (which included direct assignment transactions) vide circular dated February 1 2006. They were updated on May 7 2012 and July 1 2013. Subsequently BCBS issued guidelRead More

The Reserve Bank of India (RBI) recently introduced an amendment to its Master Direction – Know Your Customer (KYC) Direction 2016 (KYC Directions) requiring Regulated Entities (REs) to carry out Risk Assessment Exercises periodically to Read More

Objective: Recent developments including a spate of regulatory penalties on many Banks and Financial Institutions both in India and abroad due to serious compliance breaches and RBIs draft regulatory framework on compliance function in banks hRead More

Pandemic has rendered the current rating and risk assessment system inadequate. Post COVID, certain new ways of rating and assessing risk might evolve. Already some changes are taken place. What is the evolving shape of things?  

CAFRAL and the World Bank are jointly hosting a conference on “State Intervention in the Financial Sector” in Mumbai India. The conference will feature academic presentations on topics such as banking bank-firm relationships and Read More

Financial markets are the mainstay of matured and emerging economies; however banks invariably play a crucial role as investors issuers and market makers for providing depth and liquidity in the financial markets across jurisdictions. Again Read More

Objective of the Program The program seeks to enhance the insight of the participants on policy and practical aspects of Board governance and functioning. The program has three building blocks. The first block will set the backdrop through a quRead More

Incidences of Financial Frauds (FF) in large loan accounts with huge financial loss implications have sharply risen in recent times. Digital & cyber frauds are also on the rise with increased use of technology. Fraudulent transactions in dRead More

Retails lending in India is getting increasingly crowded. While there is intense competition in the traditional segments of retail lending there is enormous opportunities in emerging and niche areas. Retail lending capacity will need to leverRead More

Objective This Conference would provide a forum to the heads of banks’ risk function to meet and discuss the emerging issues surrounding risk management after reviewing the range of known risks facing banks and financial institutions agaRead More

Conference Objective The role of compliance function in banks is becoming more complex and demanding. The regulatory and supervisory expectations are rising and the business units within the bank are focusing on cost reduction and value additioRead More

Objective of the Program India’s banking sector has been facing a large overhang of balance sheet stress in recent times. The persisting deterioration in asset quality has necessitated sharp increases in provisions and for the first time Read More