Risk Management in Banking Sector - 12709 Words

Summer Training Project Report ON Risk Management in Banking Sector Summer Training Project Report Submitted for Partial Fulfillment for the Award of the Degree of MASTER OF BUSINESS ADMINISTRATION (MBA) UNDER THE SUPERVISION OF Prof. S.P Jain SUBMITTED BY Varun Sharma 0871913907 GITARATTAN INTERNATIONAL BUSINESS SCHOOL (Affiliated to GURU GOBIND SINGH INDRAPRASTHA UNIVERSITY) ROHINI, NEW DELHI – 110085 (2007-09) ACKNOWLEDGEMENT I express my heartiest gratitude to Mrs. ANITA KHANNA (CUSTOMER RELATIONSHIP OFFICER - PNB) for giving me an opportunity to prepare a report on the project assigned to me. I am also thankful to Prof. S.P Jain, faculty, Gitarattan International Business School, Rohini. Under their guidance I†¦show more content†¦The study aims at learning the techniques involved to manage the various types of risks, various methodologies undertaken. The application of the techniques involves us to gain an insight into the following aspects: †¢ An overview of the risks in general. †¢ An insight of the various credit, market and operational risks attached to the banking sector †¢ The methodology related to the management of operational risk followed at PNB. †¢ Tools applied in for measurement and management of various types of risks. †¢ Having an insight into the practical aspects of the working of various departments. SCOPE OF THE STUDY The report seeks to present a comprehensive picture of the various risks inherent in the bank. The risks can be broadly classified into three categories: †¢ Credit risk †¢ Market risk †¢ Operational risk Within each of these broad groups, an attempt has been made to cover as comprehensively as possible, the various sub-groups The computation of capital charge for market risk will also be taken practically as also the assigning the ratings for individual borrowers. PNB is also under the key process of testing and implementation of Reuters KONDOR software for its VaR calculations and other aspects of market risk. LIMITATION OF THE STUDY 1. The major limitation of this study shall be data availability as the data is proprietary and not readily shared forShow MoreRelatedOperational Risk Management in Banking Sector: an Overview2324 Words   |  10 PagesVolume : 3 | Issue : 1 | January 2013 | ISSN - 2249-555X Operational Risk Management in Banking Sector: An overview Keywords Rakesh Chutia Assistant, State Bank of India Margheita-786181 Dist.-Tinsukia Assam ABSTRACT Operational risk is inherent in all banking products, activities and processes and systems and the effective management of operational risk is of paramount importance for every bank’s board and senior management. With globalization and deregulation of financial markets, increasedRead MoreDisadvantage of Universal Bank1220 Words   |  5 Pagesinterest; private investors, however, would usually prefer investments in securities to realize higher interest earnings. †¢ Risk of concentration processes; but in spite of a decreasing number of banks, especially of private banks, neither a suppression strategy of big universal banks against smaller competitors nor a cartelization is to constate in the banking sector. †¢ Potentials of influence: In particular big banks - as a result of their broad offer of financial products - are to be expectedRead MoreThe Bank Of New Zealand1000 Words   |  4 Pageshousing sector due to the rise and the banks and lenders also felt secured to lend them. Over reliance on the high mortgage value made banks feel safe and the quality and standards of loans started getting compromised. When the prices started falling down the problem was raised in whole industry. The banks ANZ, BNZ, Westpac and ASB are considered four big banks of New Zealand. According to RBNZ (2005) these four banks were holding 65% of total asset being held by entire financial sector of the countryRead MoreHow Technology Has Changed Our New Set Of Skills And Practices1040 Words   |  5 Pagesbreaches and incidents. On this note of insecurity and unpredictability, banking industry is keen to redefine its approach to security thereby making an attempt to balance three critical factors i.e. cost, innovation and risk. On parallel grounds, the domain of internal security is undergoing drastic changes that mandates banking institutions to embrace new set of skills and practices. Fraud can be categorized as a business risk – it is like a sword of Damocles over a bank’s future. This must changeRead MoreThe Future Of The Bank Essay1561 Words   |  7 Pagesfrom the savers and providing loans to the defecator’s .Banking sector makes the financial infrastruct ure of a country. Today banking has become an important part of our modern economy. It is also a driving force of our economy. Generally we make our transaction through bank. In whole world banking sector has become the main point of the economy in our country there is no exception. Banks play an important role in the country. So modern banking is important. The main concern of this paper is to analyzeRead MoreWhat Are The Challenges Of Chinas Financial System921 Words   |  4 Pagesby the shadow banking, typically with higher interest on loans. In the meantime, the less regulated yet fast growing shadow banking sector also poses uncertainties of systematic risks to the overall financial system for various reasons: the shadow banking sector may lack necessary risk management skills with fewer resources to monitor the risks associated with off-balance-sheet wealth management products, the maturity mismatch between the liability and asset sides of shadow banking products couldRead MoreChallenges Faced By The World Today1042 Words   |  5 Pagesbreaches and incidents. On this note of insecurity and unpredictability, banking industry is keen to redefine its approach to security thereby making an attempt to balance three critical factors i.e. cost, innovation and risk. On parallel grounds, the domain of internal security is undergoing drastic changes that mandates banking institutions to embrace new set of skills and practices. Fraud can be categorized as a business risk – it is like a sword of Damocles over a bank’s future. This must changeRead MoreThe Growth And Development Of The Banking Sector1280 Words   |  6 PagesThe trend in the banking and financial institution undergo the transformation of changes within a short span of period. The applications of different advanced technology and the prolonged investigations and research has contributed to the increased growth and develop ment of the banking sector. The finance industries implement a distributed information center. The client’s data and information regarding the transactions get replicated in different terminals to enhance the easy transactions betweenRead MoreElectronic Banking in Nigeria: Problems and Prospectsks in Nigeria1330 Words   |  6 PagesManaging Challenges in Banking Industry By: Dr. Sudhindra Bhat MBA, MFM, ACS, M.Phil, PGDSamp;MM, PGDIRamp;PM, PhD** Management Faculty, Consultant and Corporate Trainer Acharya Institute of Management and Sciences 1st Cross, 1st stage, Peenya industrial Area, Bangalore-560 058 E-mail: bhatt1978@yahoo.com    Financial System is the most important institutional and functional vehicle for economic transformation of any country. Banking sector is reckoned as a hub and barometer of the financialRead MoreEvaluation Of Financial Position And Performance Of Uk Banking Sector1163 Words   |  5 PagesTopic: Evaluation of Financial Position and Performance of UK Banking Sector with Respect to Liquidity and Profitability Research Background: Several research studies have done not only about the importance of performance evaluation (financial and non financial) of banks but also for the impact of analysis to the economy and various stakeholder groups. Generally the financial performance of banks and other financial institutions has been measured using a combination of financial ratio analysis, measuring

Jesuit College Preparatory School. . Hot Spot Bolshevik

JESUIT COLLEGE PREPARATORY SCHOOL HOT SPOT: Bolshevik Revolution and Taliban in Afghanistan A RESEARCH PAPER SUBMITTED TO MR. TRIPLETT SOCIAL STUDIES DEPARTMENT BY Maxwell Abmas DALLAS, TEXAS MAY 12, 2017 The Islamic fundamentalist group known as the Taliban continues to act as a dominant group in Afghanistan even 14 years after the invasion by the US. The Taliban ruled Afghanistan from 1996 until 2001 when an invasion led by the US collapsed the regime due to the Taliban providing security to al-Qaeda and Osama bin Laden, the founder of the al-Qaeda, which was the organization responsible for 9/11. As the war in Afghanistan continues today, the conflict continues to grow from bad to worse, as the Taliban control the most†¦show more content†¦This caused for troops to be sent to Petrograd, which backfired because the troops joined the revolutionaries in overthrowing the government. The October Revolution began November 6, 1917 when revolutionaries launched a coup d’à ©tat, which is an overthrow of the government by the military, against the provisional government. This event led to Lenin becoming head of the government. The revolutionaries were able to overthrow the government and bring Lenin into office accomplishing their goal, and with this new government, the people were given more power, which is what they were seeking along with the new government. The Taliban was able to take over Afghanistan when it captured the capital of Kabul and established there an Islamic state in 1996. The Taliban was mainly recognized by Pakistan and Saudi Arabia because of the relationships they possessed. The Taliban wanted to spread their Islamic religion throughout Afghanistan. The Taliban regime was able to spread and control 90% of the land on Afghanistan until 2001 when it was overthrown. Many forces that are against the Taliban have tried to take them out but have been unsuccessful. Just as the Bolshevik Revolution was successful, the Taliban was as well. Both the Bolshevik Revolution and the Taliban had exterior elements play a part such as World War I for the Bolshevik Revolution and minority groups opposing

Illiteracy Is The Main Reason For Illiteracy - 832 Words

As we all know, education is a basic need and it gives a person awareness of problems that are taking place In the modern world. It builds up the personality and gives right direction to every person. But what about illiteracy? Illiteracy is a basic problem taking place globally, millions of people are now uneducated. In rural areas illiteracy is mostly taken place so that children could not get education and there would be more people for working in fields in low amount of money. Poverty is the main reason for illiteracy. Children that are of primary age are working in factories and fields so that they would have some money to feed their families. In some cases, when there are many people in a family and there is less money to feed all the family member so the children are taken out from the school and put down in the work. The second cause is that if a person is a farmer and has not gone to school for his whole life wouldn’t send his child to school because he would like t o make his child a farmer. If a man is poor and wanted his children to study and gain knowledge but if he would not have support such as there would be no free school so it would be hard for him to send his children to school. The major factor is that in most of the developing countries the education system is not proper and there is lack of staff in many schools. Here we are talking about causes of illiteracy which is a big social issue in Pakistan, so what are the effects of these problems? AsShow MoreRelatedThe Problem of Illiteracy Essay1550 Words   |  7 Pageshad not finished high school.† (â€Å"The Silent Epidemic -The Health Effects of Illiteracy†) That is a really alarming number! Over half of the people that have the lowest level of literacy didn’t finish high school†¦ wow! â€Å"Although statistical rates of functional literacy may vary from one study to another, it is still apparent that a high number of adults in this country are poor read ers.† (â€Å"Literacy Education†) Illiteracy is becoming such a problem in the world that it is preventing many people fromRead MoreEssay on Technical Illiteracy and Its Impact on Society959 Words   |  4 PagesTechnical illiteracy â€Å"In a digital age, we must learn how to make the software, or risk becoming the software† by Rush off (Rushkoff). This quotation helps in the paper to support our points against the technical illiteracy and its impact on the society. We are living in the 21st century, we use the benefits of scientific progress, and we consider ourselves civilized people. The future of society is not only to learn new skills, operate a computer, not only become a modern illiterate, but also toRead MoreTo What Extent Does Schlink in His Novel ‚Äà ºthe Reader‚Äà ¹, Show That It Is Impossible to Escape One‚Äà ´s Past.1189 Words   |  5 Pagesto escape one’s past. In his novel â€Å"The Reader†, author Bernhard Schlink through the use of techniques such as structure, setting and characterisation reveals to an immense extent that it is impossible to escape one’s past. Schlink utilises the main protagonists of the text, Michael and Hanna, depicting their relationship, along with the idea of post war German guilt to further represent this idea. Michael is only fifteen when he first encounters Hanna, after this crucial point in the novelRead MoreWhy Literacy Rate Of South Africa Is Higher Than That Of West Africa? Essay1714 Words   |  7 PagesWest Africa because of lifestyle, political conditions, and economical factors. 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Following the political and structural problems that illiteracy presents, Kozol presents the issue on a more personal level, helping the reader experience the pain and alienation felt by those illiterate in a society dominated by the written word. Beginning with the depiction of a recurring dream wherein heRead MoreTaking a Brief Look at Poverty in Egypt Essay1704 Words   |  7 Pagesof the main problems that Egypt is facing. The reason why every country should care to get rid of poverty in it is because not only do they help the poor and needy ones but they are as well helping themselves and ensuring a better life to their children in the future. Aside from this the more there is poverty in a country the more the poor this country would be , it’s hard to find a rich country with a high poverty rate and vice versa. The purpose of this research is to find out the main reasonsRead MoreThe Issue Of Child Marriage938 Words   |  4 PagesPoverty is cyclical and the best indicator if a child will end up in poverty is if her parents live in poverty. One common practices among families with girls living in poverty is child marriages. It has been found that poverty is the main driver of child marriage and traps girls and their families in a cycle of poverty (Poverty Girls). The practice of child marriage is more common in families who are already in poverty and perpetuates the cycle. In recent years, child marriage has gained increasingRead MoreEducation, Education And Literacy1421 Words   |  6 Pagesfocus on overcoming illiteracy, despite the barriers they face. While Skoble’s and Kozol’s stories focus more on the importance of literacy and education and the benefits that go along with it. All the stories relate to education and literacy, showing the importance and the benefits of it and how it is very different today because of all the technological advancements of the 21st century. In the stories of Wright and Malcolm X, the main characters struggle to overcome illiteracy because of the barriers

Paula Moderzon

Paula Moderzon-Becker Biography Paula Moderzon-Becker was an outstanding German painter, representative of modernism, a pioneer of expressionism and the first artist in the world to which the museum in Bremen was dedicated. Outline1 Biography2 Key Ideas in Painting3 Famous paintings made by Paula Modersohn-Becker3.1 Elizabeth with Hens under an Apple Tree3.2 Landscape with Birch trunks3.3 Male nude standing Biography Paula Moderzon-Becker was born on February 8, 1876, in Dresden. Paula grew up in the family of engineer Voldemar Becker. Up to 12 years, Paula lived in a suburb of Dresden. The family moved to Bremen in 1888. Paulas mother introduced her daughter to the artists there. She worked in her own workshop. Parents who encouraged the aspiration of their daughter sent her to England in 1892. In addition to painting, the young artist studied English. On the advice of her father, in 1893, she entered the courses of teachers. Therefore, she was allowed to take private lessons in painting in the workshop of Bernhard Wiegandt. Paula began to paint portraits of her relatives and friends. Since women did not have the right to study at the Academy of Fine Arts, in 1896 Paula moved to Berlin and studied for six months at an art school under the Union of Berlin Artists. In order to receive painting lessons, it was necessary to have good skills in drawings. Paula worked hard before in 1897 she got permission to paint with the artist Jeanne Brown. In 1900 she visited Paris. She attended Paris Academy of Colarossa on the drawing of a nude. May 25, 1901, Paula Becker married Otto Moderzon. In 1903, Paula returned to Worpsved. But soon again she went to Paris. She offered her husband to go with her, but Moderzon denied French art. On her return to Worpsved, Paula studies the work of Paul Gauguin. And very soon she left for Paris again. In February 1906 Paula Moderzon-Becker left her husband. In Paris, Paula had her own small workshop. In September 1906, Otto Moderson came to Paris to support Paulo. A year later they return to Worpsved. Paula was expecting a child, and it bore her. She could not paint pictures as often as before. Paula Moderzon-Becker gave birth to a daughter. Childbirth went through with complications. She died on 20 November 1907, when she was 31 years old. Key Ideas in Painting While living in Worpsved, her favorite theme was the melancholy-severe charm of swampy and meadow landscapes in the north of Germany. In 1903, when she went to Paris, she was interested in Japanese color wood engraving, painting still lives with simple geometric forms and images of people. She refused to accurately reproduce the details of objects and figures. Acquaintance with the paintings of Pablo Picasso simplified the bodily forms in her works. The desire to have her own child was reflected in her artwork as well. Paula writes portraits of babies. Famous paintings made by Paula Modersohn-Becker Among famous Paula’s artworks are Girl with Child, Portrait of Rainer Maria Rilke, Peasant Child with Pink Apron, Infant with her ​​mothers hand, Still Life with Pumpkin  and other. Elizabeth with Hens under an Apple Tree Painted in 1902 this work is now in the private collection. We can see here that the girl is not clear, as the painter  didn’t want to show the details of objects accurately. Landscape with Birch trunks This expressionistic landscape dates back to 1901 when Paula was in Worpsved. Male nude standing Nude painting made with coal in 1899. At that period Paula had a series of nude paintings and in 1900 she Paris Academy of Colarossa.