The book Risk Management in Modern Indian Banking: A Practitioner’s Compendium for the Contemporary Risk Professional by Viju A presents a comprehensive and practical guide to understanding the complex risk environment of modern banking.
In an era where cyberattacks, financial disruptions, regulatory changes, and technological developments can have far-reaching consequences, effective risk management has become central to the stability and resilience of the banking sector.
Structured across five parts and nineteen chapters, the book explores the evolving risk landscape, the Basel regulatory continuum, and the six core pillars of banking risk—credit, market, liquidity, operational, capital, and funds transfer pricing. It connects global risk management frameworks with the realities of Indian banking, including RBI guidelines, MSME lending dynamics, and the UPI ecosystem.
The book also examines critical contemporary challenges such as fraud, compliance, cybersecurity, business continuity, social media risks, climate and ESG risks, AI and FinTech-driven technology risks, and concentration risk. These diverse areas are brought together through an integrated Enterprise Risk Management framework.
With a strong practitioner-oriented approach, the book combines professional concepts with real-world scenarios, contemporary case studies, regulatory developments, and practical insights. Chapter-wise MCQs, a detailed glossary, and a comprehensive bibliography further enhance its value for banking professionals and learners.
Particularly useful for professionals preparing for IIBF examinations and FRM certifications, the book is also a valuable reference for risk officers, banking and finance professionals, students, and aspiring practitioners.
Risk Management in Modern Indian Banking is a timely and practical contribution to the field, offering readers the knowledge and perspective needed to understand, assess, and manage the risks shaping the future of Indian banking.