Published Paper Details:

This research paper explores the risk management practices in Indian banks, examining the various challenges and strategies that banks adopt to mitigate risks in a dynamic and evolving financial environment. The paper covers key areas of risk management, including credit, operational, market, and liquidity risks, and analyses how regulatory frameworks, technological advancements, and organizational practices shape these strategies. By evaluating the performance of public and private sector banks, the study identifies the challenges banks face in managing non-performing assets (NPAs), adapting to global risk management standards like Basel III, and securing digital banking platforms. Furthermore, the research discusses the role of stress testing, capital adequacy, and cybersecurity in managing risks effectively. While the Indian banking sector has made significant strides in adopting advanced risk management tools and technologies, the paper also highlights the persistent issues that hinder effective risk management, such as high NPAs and cybersecurity threats. Finally, the paper provides recommendations for enhancing risk management strategies, including investments in AI and machine learning, improving loan monitoring systems, and strengthening regulatory compliance. By addressing these challenges, Indian banks can enhance their stability, reduce operational losses, and improve their resilience to financial shocks in an increasingly globalized economy.