Risk management is general defined as “the logical development and execution of a plan to deal with potential losses”. The main purpose of risk management in banking sector is to analyze the risks or losses that may or may not be faced by the institution and hence, protect its assets from such risks.Risk management is general defined as “the logical development and execution of a plan to deal with potential losses”. The main purpose of risk management in banking sector is to analyze the risks or losses that may or may not be faced by the institution and hence, protect its assets from such risks.taxmann.com Latest ArticlesRead More