RISMA as the name suggests aims to create awareness about risk exposure to all human beings at a personal level and to help them in managing risks effectively and efficiently .As we all know risk exposure in life is pervasive in nature and all our actions knowingly unknowingly create risks which at times can lead to catastrophic results .We would therefore like all human beings to be equipped with knowledge to identify risks and to mitigate them effectively .
Risk of Inflation in Medical Costs
The prices of all medical devices except for stents, condoms and intrauterine devices can only be raised by up to 10% in a year, the National Pharmaceutical Pricing Authority (NPPA said in a new office order on Friday .
The drug price regulator also clarified that all medical devices noti
Risks to Corporates in Digital World
With emergence of new threats such as ransomware (a malware which prevents users from accessing their system till a ransom is paid, companies across sectors, including banks, retailers and IT, are showing an interest in new products -a cyber liability insurance cover (which also covers cybe
Risks in Payment Banks
Airtel Payments Bank on Thursday launched Bank on Thursday launched nationwide operations, offering 7.25% interest on savings bank balances, which is more than the maximum 7% paid by SBI on its fixed deposits.The only catch is that the payments banks, which do not offer loans and several other fa
Risks in Investment
Diversification and asset allocation are strategic tools in the hands of the investor because those are the only ways in which investors can set aside their doubts about the future, and still make sound investment decisions. It is not difficult to implement sensible asset allocation. It just call
Insurance Policies Which are a Must for All to Cover Risks
1Life Insurance -A basic rule is that one needs an insurance cover of at least 6-8 times his monthly income. But this is a very rough calculation and ignore the liabilities of a person The cover should be big enough to settle all outstanding loans, provide for big-ticket expenses, as also generat
Risks in ATM
Risks in ATM Network
In one of the biggest card replacements in Indian banking, State Bank of India has said that it will re-issue around six lakh debit cards to customers, which have been blocked following a malware-related security breach in a non-SBI