
Outsourcing in Banking Industry
Importance of Outsourcing in Banking Industry Nowadays outsourcing is well practiced in banking industry. The concept of outsourcing is as old as the existence of the human community. With the […]
Grow Through Proactive Risk Management
Importance of Outsourcing in Banking Industry Nowadays outsourcing is well practiced in banking industry. The concept of outsourcing is as old as the existence of the human community. With the […]
Background Risk is the probability of incurring a loss or damage because of actual outcome being different from the expected outcome. This means that, broader the range of possible outcomes, […]
Background Occupational fraud has become a major concern for any nonprofit organization. So, implementing effective fraud risk management system is very important in development organizations. Occupational Fraud Occupational fraud is a […]
Background Behavioral red flag is one of the fraud indicator in an organization. One needs to understand the significance of red flags and take appropriate action on time. As in […]
Background Like any other industries, banking industry of Nepal has been taking rapid strides in the advancement of technology. Some of the reasons for forcing banks for the aggressive infusion […]
Banks are expected to identify and assess the operational risks in all the existing products and services and systems before formulating a clear-cut policy. Such identification is a must before a new product or process or system is introduced and a fool-proof system should be in place to avoid the damages that may be caused on account of human or system failure.