Conceptualising The Panorama of Risk Management In Indian Banking Sector

In today's globalised era, risk is inherent in any business activity. Due to cut throat competition, organizations across all domains encounter various types of challenge, thereby making themselves more risk prone and necessitating the requirement of sound risk management system. Banking industry, the backbone of any country's financial system is susceptible to diverse upheavals by virtue of its nature of business This paper is an attempt to discuss the stated patterns in the area of risk management in banking. It also tries to demystify the underlying dimensions in the study of risk management, along with throwing some light on the policies undertaken in Indian context.