The Asian Banker

Indian banks must harness risk management instruments to better tackle market risks
Banks in India lack robust risk management technology infrastructure and are thus underprepared to tackle the myriad of risks faced in the international marketplace of today.

May 29, 2013 | Baron Laudermilk

The lack of investment in proactive risk management infrastructure and software has generally been an Achilles’ heel for Indian banks. As Basel III requirements begin placing stress on Indian banks, with non-performing loans continuing to rise in light of high inflation and slowing economic growth, domestic financial institutions must begin investing stress testing instruments to better predict and mitigate emerging risks before they become a problem. According to Premjit Chatterjee, founder and director at PRM Fincon, a niche risk technology firm, the domestic banking sector’s chief…

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

Categories: India, Operational Risk, Risk and Regulation
Keywords: PRM Fincon, Premjit Chatterjee, Market Risk, Credit Risk, Predictive Analytics
Add a new comment:

Allowed tags: <b><i><br>

Comments (0)

Show Less
White Papers
About us | Jobs and Internships with us | Contact us | Advertise with Us | | Privacy Policy | Copyrights Requests | Legal Notice | Feedback
RSS FeedRSS Feed | Follow us on Linkedin Twitter Facebook
Copyright 2014, The Asian Banker. All Rights Reserved .