Reserve Bank of India’s Master Direction on Fraud Risk Management

Reserve Bank of India recently issued a new framework for fraud risk management incorporating the Supreme Court ruling and striking a balance between early fraud detection and principles of natural justice.

Partner, Shinoj Koshy and Associate, Radhika Malpani have authored an article titled, ‘Reserve Bank of India’s Master Direction on Fraud Risk Management’, sharing their insights on the framework, which has been published by BW Legal World.