2025, Vol. 8, Issue 1

author(s)
Ameer Babu K and Sheena Sasidharan V

abstract
This article presents an in-depth examination of the Reserve Bank of India's (RBI) recommendations for operational risk management in the financial sector especially banking sector. Operational risk, a significant aspect of risk management, has gained increased attention over the years due to the evolving complexities and uncertainties in the banking industry. The RBI's guidelines provide a structured framework for banks and financial institutions to enhance their resilience against operational risks. This paper aims to explore and elucidate the key components of the RBI's recommendations, analyzing their implications on risk management practices within the Indian banking sector.