• Dr. Gautamkumar P. Kanani
• Dr. Mayurpuri M. Gauswami

Recent recession across the world and particularly in Indian economy highlighted the need for banks to incorporate the concept of Risk Management into their regular procedures. The various aspects of increasing global competition to Indian banks by foreign banks, increasing deregulation, introduction of innovative products, and have emphasized the need for Indian banks to be prepared in terms of risk management. Indian banks have started to expand and diversify at a rapid rate and have been making great advancements in technology and quality of performance. Thus the need for an efficient risk management framework is paramount in order to factor in internal and external risks. In banks and other financial institutions, risk plays a major part in the earnings of a bank. The higher the risk, the higher the return, hence, it is essential to maintain a parity between risk and return. Hence, management of financial risk incorporating a set systematic and professional methods especially those defined by the Basel norms becomes an essential requirement of banks.

Risk, Risk Management, Practices, Role of RBI etc..

"RISK MANAGEMENT SYSTEM IN INDIAN BANK", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.4, Issue 12, page no.45-48, December-2017, Available :http://www.jetir.org/papers/JETIR1712187.pdf

"RISK MANAGEMENT SYSTEM IN INDIAN BANK", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 12, page no. pp45-48, December-2017, Available at : http://www.jetir.org/papers/JETIR1712187.pdf