Latest Developments in the Field of Risk Management in Banking Industry

The paper highlights the risk management practices as new strategies in the banking industry, as a crucial Junction in banks. Banks have necessities to manage all these risks in effective way if they really want to achieve their target in the pre-planned manner. In the day to day operations banks face various risks; with the help of risk management techniques, conventional as well as modern, banks can identify and manage the risk up to certain extent. This paper focuses on risk management techniques with latest developments.