The main objective of this paper is to estimate a statistical model that incorporates information at different levels: collateral, facility, industry, zone and the macro economy to predict the Recovery Rates which will enable the bank to arrive at the Loss Given Default figure that would help to...

Suicides in India are steadily increasing over the last two decades. This period coincides with the time during which the Indian economy has achieved high growth and integrated globally through fundamental structural changes. This paper examines the pattern of suicides in the country as revealed...

Preface -- Acknowledgements -- Abbreviations -- Introduction to credit risk -- Credit rating models -- Approaches for measuring probability of default (PD) -- Exposure at default (EAD) and loss given default (LGD) -- Validation and stress testing of credit risk models -- Portfolio assessment of...