Start learning 50% faster. Sign in now
A Chief Risk Officer (CRO) is a top level executive responsible for managing risk. As such, he has an integral role in the centralized risk management structure. As such, he deals with all kinds of risks faced by the organization. The RBI defines the roles of the CRO. As per RBI, CRO shall be a senior official in the banks’ hierarchy and shall have the necessary and adequate professional qualification/experience in the areas of risk management. The CRO shall have direct reporting lines to the MD & CEO / Risk Management Committee (RMC) of the Board. In case the CRO reports to the MD & CEO, the RMC shall meet the CRO on one-to-one basis, without the presence of the MD & CEO, at least on a quarterly basis
Commerce and Industry Minister Piyush Goyal said that the country is on track to achieve the export target set for goods and services in the ongoing fis...
Which country signed a Memorandum of Understanding (MoU) with Nasscom to strengthen fintech partnerships?
What is the estimated cost of developing the Multi Modal Logistics Park (MMLP) in Bengaluru, which is being developed under the Public Private Partnersh...
The Reserve Bank of India (RBI) will conduct a 14-day variable rate repo auction worth Rs _____ in February,2023.
Which organization has signed an MoU with the Indian Air Force for the integration of futuristic Weapons and Sensors for LCA Tejas aircraft?
_______ has signed a definitive agreement to acquire a 100 percent equity stake in ASAP Group, a German automotive engineering services provider, for Eu...
The Gorakhpur atomic power project, North India’s 1st, is planned to be developed in which state?
Which of the following is the main objective of the Gruha Jyothi free power scheme launched by the Karnataka government in Kalaburagi?
What was the percentage increase in Net Direct Tax collections for FY 2023-24 compared to the previous fiscal year?
Which Indian port ranked the highest in the World Bank's Container Port Performance Index 2023?