TOOLS OF RISK MANAGEMENT IN BANKING SECTOR WITH SPECIAL REFERENCE TO INDIA

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C. Malleswaramma, K. M. (2013). TOOLS OF RISK MANAGEMENT IN BANKING SECTOR WITH SPECIAL REFERENCE TO INDIA. Innovative Journal of Business and Management, 2(05). Retrieved from http://innovativejournal.in/index.php/ijbm/article/view/5
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Abstract

Risk Management in business is as old as Business Management.  It is a technical subject.  It is a normative science.  It prescribes solutions to the problems rather than describing problems.  Risk Management has four phases. They are: (a) Identification of Risk, (b) Measurement of Risk, (c) Monitoring and follow up action, and (d) Controlling of Risk.

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