商业银行风险管理中英文对照外文翻译文献.docx

商业银行风险管理中英文对照外文翻译文献(文档含英文原文和中文翻译)“RISK MANAGEMENT IN COMMERCIAL BANKS”(A CASE STUDY OF PUBLIC AND PRIVATE SECTOR BANKS) - ABSTRACT ONLY1. PREAMBLE:1.1 Risk Management:The future of banking will undoubtedly rest on risk management dynamics. Onlythose banks that have efficient risk management system will survive in the market in the longrun. The effective management of credit risk is a critical component of comprehensive riskmanagement essential for long-term success of a banking institution. Credit risk is the oldestand biggest risk that bank, by virtue of its very nature of business, inherits. This has however,acquired a greater significance in the recent past for various reasons. Foremost among themis the wind of economic liberalization that is blowing across the globe. India is no exceptionto this swing towards market driven economy. Competition from within and outside thecountry has intensified. This has resulted in multiplicity of risks both in number and volumeresulting in volatile markets. A precursor to successful management of credit risk is a clearunderstanding about risks involved in lending, quantifications of risks within each item of theportfolio and reaching a conclusion as to the likely composite credit risk profile of a bank.The corner stone of credit risk management is the establishment of a framework thatdefinescorporate priorities, loan approval process, credit risk rating system, risk-adjustedpricing system, loan-review mechanism and comprehensive reporting system.1.2 Significance of the study:The fundamental business of lending has brought trouble to individual banks andentire banking system. It is, therefore, imperative that the banks are adequate systems forcredit assessment of individual projects and evaluating risk associated therewith as well as theindustry as a whole. Generally, Banks in India evaluate a proposal through the traditionaltools of project financing, computing maximum permissible limits, assessing managementcapabilities and p