Chennai-based public sector bank, Indian Bank on Tuesday said that it has implemented a risk management system customised by CRISIL Risk Solutions, to compute regulatory capital for March 31 in tune Reserve Bank of India's  guidelines for Basel II compliance.


</p><tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The software provided by CRISIL will help in operational risk management, calculation of capital as per Basel II guidelines, a module for internal rating and a solution for economic capital calculation.</P>
</p><p class='TableClas'>The advantage in this system is that it would help the bank convince both auditors and regulators about its compliance with Basel-II guidelines</P></p></table>


Indian Bank implements risk mgmt system

Also Read

Tata Sky cross 2 million susbcriber mark

Rly earnings up by 16.73%

Trane Inc launches centre in Chennai

Bharti to build Europe India Gateway cable

Rourkela Steel bags cost management award

Explore News