Guidance Note on Operational Risk Management and Operational Resilience - RBI

01-May-2024 , 09:52:25 am | By CASANSAAR print

Guidance Note on Operational Risk Management and Operational Resilience - RBI

Operational Risk is inherent in all banking/ financial products, services, activities, processes, and systems. Effective management of Operational Risk is an integral part of the Regulated Entities’ (REs) risk management framework. Sound Management of Operational Risk shows the overall effectiveness of the Board of Directors and Senior Management in administering the RE’s portfolio of products, services, activities, processes, and systems

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