Credit Risk Management

Credit Risk Management

Author Name : Dr. Neelam Maggu

ABSTRACT Risk Management is the application of proactive strategy to plan, lead, organize and control the wide variety of risks that are, rushed into the fabric of an organization’s daily and long-term functioning. Like it or not, risk has a say in the achievement of our goals and in the overall success of an organization. To achieve the objectives of the study data has been collected from secondary sources i.e from Books, Journals and online publications, identified various risks faced by the banks, developed the process of risk management and analyzed different risk management techniques. Finally it can be concluded that the banks should take risk more consciously, anticipates adverse changes and hedges accordingly, it becomes a source of competitive advantage and efficient management of the banking industry