Risk management is the process of identifying, assessing and controlling threats to a bank’s capital and earnings. A centralized risk management structure follows a single risk management process across the bank, irrespective of the departments. A bank-wide approach to managing risk is followed. A major issue in establishing an appropriate risk management organisation structure is choosing between a centralised and decentralised structure. The global trend is towards centralising risk management with integrated treasury management function to benefit from information on aggregate exposure, natural netting of exposures, economies of scale and easier reporting to top management. The primary responsibility of understanding the risks run by the bank and ensuring that the risks are appropriately managed should clearly be vested with the Board of Directors. The Board should set risk limits by assessing the bank’s risk and risk bearing capacity. At organisational level, overall risk management should be assigned to an independent Risk Management Committee or Executive Committee of the top Executives that reports directly to the Board of Directors.
One should not be reckless in performing ____ duty.
Fill in blank 64 with the most appropriate word.
I am always very clear …….. what I want to do and this time it was no different.
The temple is several thousand years old and stands on a sea rock ___________ the Indian Ocean .
Fill in the blank with the most appropriate word.
The old man will die….you look after him.
Given below sentence with two blanks. Below sentence are given four pair of words among which one pair might fill the blank. If none of the words fill t...
Ankle sprains usually involve the ligaments, muscles, tendons or bones in the area. ____________. The more you sprain your ankle, the greater the chanc...
Adopting green technologies in power generation, which has a lock-in effect lasting decades, and other areas like transport with immediate impacts such...
Select the option that completes the sentence CORRECTLY.
The plan________is quite sound but I don’t like the way it is being implemented.
India’s past ________ in making certain foreign policy choices is rapidly giving way to greater readiness to _________ the need for a radical shif...