Risk Management in Banking

“Risk” and “Banking” are moving together with most of the latter is somehow involving a very high amount of former and ways and means from time to time have been evolved to let go the risk by introducing strict norms, in the form of security items and guidelines, which are changing with the perception of the people, at times volatile and highly correlated, with public opinion and leadership involved in decision making of policies. Basic question is why it is important Answer is tough but if we go deep down banking is all about money and money is one of the most important parts of an economy which both on macro and micro parts involves nation, people and at the very base a human. In this paper I will try to relate ‘risk with banking' by categorising risk into various sub parts and assigning weight ages to the banking channels and then comparing and trying to classify policies and best practices going on with the practices available and going on in India. ‘Monetary policy' is a very difficult part to deal with and it is dealt with central institutional structure involving governing bodies operating in tandem with each other at international level as well as local level. Role of media today has also become critical as Banks at time have suffered from ‘run' in which sensitization of subject by media becomes critical and influenced opinions can be detrimental to the stability of economy which is directly related to the stability of financial institutions. Vividh Bansal "Risk Management in Banking" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47650.pdf Paper URL : https://www.ijtsrd.com/management/risk-management/47650/risk-management-in-banking/vividh-bansal