New Delhi: Housing and Urban Development Corporation Ltd (HUDCO) recently organised a comprehensive Training & Awareness Programme on Risk and Fraud Risk Management to strengthen institutional risk governance and financial prudence. The programme was conducted in collaboration with the HUDCO Staff Management Institute (HSMI) and featured expert insights from Punjab National Bank senior official Dinesh Kumar Chauhan, Deputy General Manager (DGM).
The session aimed to equip HUDCO officials with advanced knowledge of financial risk management practices and strategies to identify and mitigate potential threats in the organisation’s operations.
Senior Leadership Participates in Hybrid Training
The event was attended by senior leadership of HUDCO, including M. Nagaraj, Director (Corporate Planning), and Daljeet Singh Khatri, Director (Finance), along with several senior officers.
The programme was conducted in hybrid mode, allowing participants from HUDCO’s corporate office in New Delhi and various regional offices across India to join simultaneously. This format ensured wider participation and facilitated knowledge sharing among officials from different operational units.
Key Topics Covered in the Training Programme
During the session, Dinesh Kumar Chauhan provided detailed insights into modern risk governance frameworks and the evolving challenges faced by financial institutions.
The programme focused on several critical areas, including:
- Defence Model in Risk Management
- Credit Risk, Operational Risk, Market Risk, and Liquidity Risk
- Expected Credit Loss (ECL) Framework
- Pillar II Risk Assessment under regulatory frameworks
- Stress Testing Methodologies
- Risk-Adjusted Return on Capital (RAROC)
These topics are vital for strengthening institutional resilience and ensuring better decision-making in financial operations.
Strengthening Risk Governance and Financial Prudence
HUDCO’s Risk Management Wing organised the programme as part of the organisation’s ongoing efforts to build a strong risk culture and improve fraud risk monitoring mechanisms. By conducting regular training sessions and awareness programmes, HUDCO aims to ensure that its officers remain equipped with the latest tools and techniques to address emerging financial risks.
About HUDCO
Housing and Urban Development Corporation Ltd (HUDCO) is a Government of India enterprise under the Ministry of Housing and Urban Affairs. The organisation plays a key role in financing housing and urban infrastructure projects across the country, supporting sustainable urban development and affordable housing initiatives while maintaining strong financial governance and risk management practices.
Read also: HUDCO Extends Chief Risk Officer Madhu Nagrani’s Tenure by One Year from March 2026
