Hitesh Asrani, the founder and director of Mumbai-based CRP Risk Management is an expert in risk mitigation. He had established the company in the year 2000 when risk checks were not considered very important in India. Now, his company has been successful in creating awareness and in inculcating a culture in India Inc towards higher control in vulnerable areas such as people, process and technology. Asrani spoke to THE WEEK about the growing importance of risk management in India, especially among the banking and the financial industry in lieu of the increasing frauds in the banking and the financial sector.
What are your views on the trends in the risk management sector in India?
The banking and finance industry is going through major reforms currently. In recent months, through…
