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CAIIB BFME Module B & C By Ashish Sir Class 9
What is the primary objective of Risk Management in banks?
The primary objective is to identify, measure, monitor, and control risks to ensure the bank's financial stability and protect stakeholder value while optimizing risk-adjusted returns.
What is the Standardised Measurement Approach (SMA) for Operational Risk capital?
RBI-mandated approach replacing BIA/TSA using business indicator components
What does ICAAP stand for in the context of Basel II/III?
ICAAP stands for Internal Capital Adequacy Assessment Process, which requires banks to assess all material risks and ensure they hold adequate capital commensurate with their risk profile.
What is Residual Risk in the context of credit risk management?
Risk remaining after credit risk mitigants like collateral are applied
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