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1、“RISKMANAGEMENTINCOMMERCIALBANKS”(ACASESTUDYOFPUBLICANDPRIVATESECTORBANKS)-ABSTRACTONLY1.PREAMBLE:1.1RiskManagement:Thefutureofbankingwillundoubtedlyrestonriskmanagementdynamics.Onlythosebanksthathaveefficientriskmanagementsystemwillsurviveinthemarketinthelo
2、ngrun.Theeffectivemanagementofcreditriskisacriticalcomponentofcomprehensiveriskmanagementessentialforlong-termsuccessofabankinginstitution.Creditriskistheoldestandbiggestriskthatbank,byvirtueofitsverynatureofbusiness,inherits.Thishashowever,acquiredagreaters
3、ignificanceintherecentpastforvariousreasons.Foremostamongthemisthewindofeconomicliberalizationthatisblowingacrosstheglobe.Indiaisnoexceptiontothisswingtowardsmarketdriveneconomy.Competitionfromwithinandoutsidethecountryhasintensified.Thishasresultedinmultipl
4、icityofrisksbothinnumberandvolumeresultinginvolatilemarkets.Aprecursortosuccessfulmanagementofcreditriskisaclearunderstandingaboutrisksinvolvedinlending,quantificationsofriskswithineachitemoftheportfolioandreachingaconclusionastothelikelycompositecreditriskp
5、rofileofabank.Thecornerstoneofcreditriskmanagementistheestablishmentofaframeworkthatdefinescorporatepriorities,loanapprovalprocess,creditriskratingsystem,risk-adjustedpricingsystem,loan-reviewmechanismandcomprehensivereportingsystem.1.2Significanceofthestudy
6、:Thefundamentalbusinessoflendinghasbroughttroubletoindividualbanksandentirebankingsystem.Itis,therefore,imperativethatthebanksareadequatesystemsforcreditassessmentofindividualprojectsandevaluatingriskassociatedtherewithaswellastheindustryasawhole.Generally,B
7、anksinIndiaevaluateaproposalthroughthetraditionaltoolsofprojectfinancing,computingmaximumpermissiblelimits,assessingmanagementcapabilitiesandprescribingaceilingforanindustryexposure.Asbanksmoveintoanewhighpoweredworldoffinancialoperationsandtrading,withnewri
8、sks,theneedisfeltformoresophisticatedandversatileinstrumentsforriskassessment,monitoringandcontrollingriskexposures.Itis,therefore,timethatbanksmanagementsequipthemselvesfullytograpplewiththedem
