assess the interest rate risk carried by a sample of Indian banks in March 2002. We find evidence of substantial exposure to …

The paper studies risk mitigation associated with capital regulation, in a context where banks may choose tail risk … asserts. We show that this undermines the traditional result that high capital reduces excess risk-taking driven by limited … liability. Moreover, higher capital may have an unintended effect of enabling banks to take more tail risk without the fear of …

credit risk. The results highlight that the banking system is most vulnerable to further exchange rate depreciation, through … foreign currency induced credit risk, and a prolonged economic downturn …

assess the sensitivity of banks and insurance companies to single-factor shocks to risk types affecting solvency and … liquidity position of institutions. The mission recommends that future STs should be risk-based and that macroprudential …

structures. Furthermore, the corporate structure affects bank risk taking and affiliate size …We identify different sources of risk as important determinants of banks'' corporate structures when expanding into new … markets. Subsidiary-based corporate structures benefit from greater protection against economic risk because of affiliate …