The banks are known as the backbones of any economy. The banks link the saving surplus units with deficit units thereby providing investment and capital formation opportunities to both the units. In the recent times of financial shrinkages and up & down, the banking sector has witnessed various...

While the recent incidents of catastrophic business failures and Basel II requirements of capital charge for operational risk have increased awareness about the latter, it has also sparked a debate on its measurement as well as its management. This is an analysis of the compelling reasons for an...

This paper assesses in detail the status of operational risk management in the Indian banking system in the context of Basel II. The expected coverage of banking assets and the approach adopted for operational risk capital computation is compared broadly with the position of the banking system...