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B.M.Mittal Chief General Manager Punjab National Bank Head Office, New Delhi
B.M.Mittal Chief General Manager Punjab National Bank Head Office, New Delhi
Mittal
Chief General Manager
Punjab National Bank
Head Office, New Delhi
Overview of the Presentation
K e y D riv e rs
C ric ita l D riv e rs fo r B ase l II % ag e o f
Im p le m e n tatio n r e sp o n d e n ts
C o m p lia n ce w ith re g u latio n 4 6%
E n te r p rise risk m a n ag e m e n t 3 2%
In te rn al co mm itm e n t 1 7%
P e rc e iv e d ch an g e in o p e ratio n al risk 5%
R e a ctio n to e xte rn al e v e n ts 0%
India: Ready for Basel II -- Survey Findings
Other Findings:
16% of the banks surveyed have commenced the process of
planning for the more advanced approaches of Basel II,
including collection of loss data, risk mitigation techniques and
capital modelling.
Compliance with regulation is driving the Basel II
implementation programme in 46% of the banks surveyed.
New private sector banks ranked enterprise risk management
over compliance as their key driver.
89% of the banks surveyed indicated that they have a
‘dedicated team’ responsible for Basel II implementation.
However, very few banks have established the position of Chief
Risk Officer with a reporting line to the CEO/Board and whose
role has been defined with sufficient clarity.
India: Ready for Basel II -- Survey Findings
Credit Risk Preparedness
71% of the banks responded that they had made reasonable
progress with the initial stages (in the form of establishing the
team, conducting gap analysis, project planning and assessing
detailed requirements) of implementing a credit risk
programme.