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Risk Management provides an introduction to the study and analysis of risks in the banking industry. The book is aimed at students preparing to take the CAIIB exams. Summary Of The Book Risk management involves identifying and prioritizing risks in business in order to take protective measures. In the banking industry, this is gaining increasing importance as a specialized field. Globalization, combined with the integration of technology in banking, has led to many new changes and developments in the traditional banking process. It has also led to the evolution of new financial instruments. So, the field now has to take into account new concepts and new avenues for risks. This makes it necessary for officials in the risk management department and in other sections of a bank to keep themselves updated on all factors associated with risks caused by uncertainties in the market, interest rate fluctuations, changes in exchange rates and other factors. This book, Risk Management, is thus focused on providing readers with up-to-date information on all aspects of risk identification and risk management methods. This book is aimed at CAIIB candidates whose risk management syllabus covers topics like risk definition, asset liability management, and risk measurement and control. They also study credit risks operational risks and market risks, and risk management guidelines and policy. The book focuses on providing readers with the necessary information on methods of risk assessment and risk management, the new advances in the field and the emerging risk factors. Designed by IIBF which conducts the CAIIB exams, this book is a focused material that can help CAIIB candidates prepare well on this particular and vital subject. Risk Management has been written by a team of authors who have several years of experience in the banking industry.