emystifying Risk Management – Business & Growth Implications

There is a misplaced notion that Risk Management and Business Development are at cross-roads, which is based on the premise that the Business Managers tend to compromise in certain areas of Risk Management in the interest of the business growth. But, in the larger interests of the Risk Management a...

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Bibliographic Details
Main Authors: Bhavana Raj KONDAMUDI, Dr. SINDHU
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2013-03-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.eia.feaa.ugal.ro/images/eia/2013_1/KondamudiSindhu.pdf
Description
Summary:There is a misplaced notion that Risk Management and Business Development are at cross-roads, which is based on the premise that the Business Managers tend to compromise in certain areas of Risk Management in the interest of the business growth. But, in the larger interests of the Risk Management and the Business Growth as well, the Business Managers should be actively involved in facilitating effective Risk Management. In fact, an effective Risk Management would facilitate a healthy understanding of the exposure and its inherent Risks, leading to healthy business growth for the Banks and thus protect the stakeholder value.
ISSN:1584-0409
1584-0409