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Audit Risks in Indian Banking Sector by Tanishq Gurnani is a document available to read on EtoBox.
What is Audit Risks in Indian Banking Sector about?
The document discusses the types of risks faced by banks in India. The major risks are: 1) Credit risk from borrower defaults; 2) Market risk from changes in prices like interest rates; 3) Liquidity risk if the bank cannot meet obligations; 4) Operational risk from failed processes or human/system errors; 5) Legal risk from non-compliance or regulatory actions; 6) Reputation risk from negative events. Banks must have robust risk management frameworks to identify, monitor and control these risks to ensure su
- Author
- Tanishq Gurnani
- Language
- EN