and implicit asset correlations for banks and corporates in India and compare it with global scenario. This paper deduces …Purpose – Estimation of default and asset correlation is crucial for banks to manage and measure portfolio credit risk … their banks to calculate IRB risk weighted assets. Originality/value – These correlation estimates will help the regulators …

This paper critically evaluates the performance of Indian banks by examining quantitative data on bank profitability … the performance of Indian banks with respect to the quality of their disclosures. The assessment indicates deteriorating … for an improvement in the risk management skills of Indian banks and their supervisors. Such practices may necessitate …