“The current level of NPAs in public sector banks exceeds 1%, and we must adapt to this reality by assessing and managing associated risks and pricing credit appropriately. Addressing NPAs has been a long-standing issue, and while various committees, including the SAB, have examined credit matters, the key remains the ability of bankers to manage risks based on cash flow. Capturing and monitoring cash flows through dedicated accounts is essential for proper risk management.” - Mr. Rajnish Kumar - Former Chairperson, SBI

IRM India Affiliate's What's the Risk? - Elevating Operational Risk in Banks and NBFCs

In today’s dynamic financial environment, navigating multifaceted risks is critical for the stability and growth of institutions. As operational risks grow in complexity — ranging from technological disruptions to geopolitical uncertainties — financial entities must adopt robust and forward-looking risk management frameworks. Watch Hersh Shah, SIRM CEO, IRM India Affiliate, and India’s youngest Enterprise Risk Expert, alongside industry Chief Risk Officers, in this comprehensive discussion on the rising significance of Operational Risk Management and culture across private banks, multinational institutions, NBFCs, and public sector banks. The conversation focuses on strategic approaches to managing emerging risks such as artificial intelligence, ESG, compliance and vulnerabilities in supply chain management.