Background:

Over the years, NBFCs & HFCs have emerged as an essential part of India’s financial ecosystem and play a large complementary role to Banks and expanding their overall share in the credit pie in the country through efficient last mile delivery. The challenge for the NBFC & HFCs sector is to grow in a prudential manner while not stopping altogether on financial innovations.  The key lies in having in place adequate risk management systems and procedures before venturing into new and unchartered areas. NBFCs have actively embraced technology and digital tools to bring down the transaction costs, speed up the loan disbursal process and collection, leveraging alternate data and practices, all of these necessitates a robust IT risk management framework with adequate controls. A culture of compliance to be cultivated across the organization with robust governance architecture.

Objectives:

It is thus crucial for NBFCs/HFCs at the Board/Senior executives’ level to have the necessary understanding of the extant regulations, the various risks & governance issues and the supervisory expectations. The program, will focus on the need for building a culture of compliance and adopt a business model fully understanding the implied risks and governance.

Program Highlights:

The Virtual Program will deal with the following:

• Key regulatory & supervisory issues and expectations
• Need and building up of a robust risk management architecture
• Risk Management: Liquidity & Fund Management
• IT Risks and Governance
• Compliance and Accountability
• Cyber Risks Framework & Management