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The Reserve Bank of India (RBI) has asked non-banking finance companies (NBFCs) with an asset size of more than ?5,000 crore to appoint a chief risk officer (CRO). NBFC’s have been asked to clearly specify the role and responsibilities of the CRO, in view of the increasing role in direct credit intermediation of these companies. ..
Deloitte is a multinational professional services network and one of the “Big Four” accounting organizations. About the Survey: Deloitte India Risk Advisory surveyed more than 100 stakeholders covering board level executives, CEOs, CFOs, CRO, Business Leaders, and Heads of Internal Audit. The survey aims to get a reasonable understanding of the risk culture in the Indian organisations. ..