Risk Management in Indian Banking Sector

Abstract:

The banking sector is vital to a country's capacity to control its economics."A condition where there is an undesirable occurrence of a particular result which is known or best quantifiable and therefore insurable" is the definition of the word "risk." A risk is an unanticipated incident that reduces earnings and has financial implications. Conversely, risk management refers to the proactive use of strategy to plan, lead, coordinate, and control the wide range of hazards that are rushed into an organization's long-term and everyday operations. This study aims to outline the dangers that the banking industry encounters and the procedures involved in risk management. The numerous risk management techniques employed were also examined in this study.