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Risk Management
Implementation of Basel Guidelines
Features
 

1.       The Bank has implemented the New Capital Adequacy Framework as per the timelines prescribed by RBI. While the Bank, to start with, has adopted Standardized Approach for Credit Risk, Standardized Duration method for market risk and Basic Indicator approach for Operational risk, the initiatives so far undertaken/envisaged are geared towards enabling the Bank to comply with the standards set out for more advanced capital measurement approaches in the Basel guidelines.

2.       For migrating towards advanced approaches, Asset Class wise credit rating models with two-dimensional Obligor and Facility Rating has been implemented and has captured historical risk quantification parameters. Further, Bank is engaged in configuring these approaches in SAS solution with the help of System Integrator and Consultants appointed by the Bank.

3.       For enabling skills on risk management, the Bank conducts in-house training program on risk management. The Bank has an excellent training system in place through which it attempts to develop the professional and managerial skills of the employees. Further, officers are also nominated for attending training programs on risk management in reputed external training institutes. The Bank has also recruited qualified professionals from reputed business schools who would help in refining the risk management practices, measurement and management tools.

4.       The Bank has also developed a framework for quantifying the Pillar – II risks and has put in place a comprehensive Internal Capital Adequacy Assessment Process (ICAAP) framework in line with RBI guidelines. The Bank is also in the process of introducing a Risk Based Performance measurement system to assess the profitability of its business units, products and customers.

 
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