‘Indian banks unprepared to mitigate risk’

......Speaking on risk-based supervision in Indian banking at a meeting organised by the Bankers’ Club, Dr. Chakrabarty said that the global financial crisis had shown that banks that were doing well were also the ones that bore greater risk. “After the global crisis, there is no such thing as risk-free returns, only returns-free risk,” he said. “The focus area, from a supervisory perspective, should be to identify institutions that are bearing greater risk,”...........

Read - The Hindu