Credit risk management doorknob by indian banking industry: Emerging trends and practices

The emerging credit risks wedged banks that infiltrated the banking industry and exposed vulnerabilities in ways that many people could not have imagined. The fast changing financial environment exposes the banks to various types of risk. The concept of risk and management are core of financial enterprise. The financial sector especially the banking industry in most emerging economies including India is passing through a process of change. Rising global competition, increasing deregulation, introduction of innovative products and delivery channels have pushed risk management to the forefront of today's financial landscape. Ability to gauge the risks and take appropriate position will be the key to success. This paper attempts to discuss, the emerging trends and practices of credit risk management process in Indian Banking Industry.