CAIIB · BFM · Chapter 5

Liquidity Management

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Bank Financial Management — CAIIB.

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One-liners from this chapter

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Q

Define Interest Rate Risk (IRR) in banking.

A

Exposure of a bank's financial condition to adverse movements in interest rates affecting earnings and capital.

Q

What are the two distinct ways interest rate changes affect banks?

A

Earnings effect (NII/NIM change) and Value effect (present value of cash flows change).

Q

Why is maturity mismatch dangerous for banks?

A

Rising rates cause asset values to fall more than liabilities, exposing bank to economic loss and insolvency risk.

Q

Define Gap (Mismatch) Risk.

A

Risk from holding assets and liabilities with different principal amounts, maturity dates or repricing dates.

Q

What is Basis Risk in interest rate context?

A

Risk that different assets and liabilities repricing rates change in different magnitudes, compressing spreads.

Q

How does Net Interest Position Risk arise when RSA > RSL?

A

NII falls when rates decline, expands when rates rise, due to more interest-earning assets than cost-bearing liabilities.

Q

Explain Embedded Option Risk with loan prepayment.

A

Borrowers prepay loans when rates fall, reducing bank's NII; depositors close TDs and re-fix at higher rates when tightening.

Q

What is Yield Curve Risk?

A

Risk from changes in yield curve slope and shape across different maturities due to business cycle and RBI intervention.

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