The course is designed to provide participants an understanding of the basic concepts of Risk Management. Its aim is also to explain the Framework of Risk Management and its importance in the Bank, as well as its implications everyday banking thereby facilitating the understanding and effective implementation of Risk Management practices.
Risk is inherent in any business operations. It is more critical and sensitive in the financial sector. Banks and Financial institutions are invariably facing different types of risk that may have adverse impact on their business. It is of utmost importance for the banks to properly manage risk to protect banks from getting exposed to possible risk.