A Comparative Study on Risk Management of Selected Public and Private Sector Banks in India

Abstract

Risk  Management  is  the  proactive  approach  to plan,  lead,  organize, and control the wide variety of risks into the framework of an organization’s daily  and  long-term  functioning.  Risk plays an important role in the achievement of our goals and in the overall success of an organization. This paper is an attempt to identify the different types of risks faced by the banking industry and to examine the different techniques adopted by the banks inmanaging risk. It hasbeen concluded that the banks should take risk more willfully, anticipate adverse changes and hedge accordingly. The study recommended the banks to implement effective tools and techniques to reduce the different types of risks faced by the banks.