Bank Risk and Compliance Overview
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Bank Risk and Compliance Overview

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Questions and Answers

What is the initiative from Team STC, Lucknow called?

उत्कर्ष-2025

The booklet 'उत्कर्ष-2025' is focused on promoting the process of the Bank.

True

Who is the author of the foreword in 'उत्कर्ष-2025'?

Pawan Singh

What is one of the unprecedented steps taken in the ongoing project?

<p>Job Family Concept</p> Signup and view all the answers

The booklet helps Officers dive deeper into the Job Family of _____, Audit & Compliance.

<p>Risk</p> Signup and view all the answers

Which aspect does 'उत्कर्ष-2025' NOT cover?

<p>Product Marketing</p> Signup and view all the answers

When was the foreword for 'उत्कर्ष-2025' written?

<p>October 14th, 2024</p> Signup and view all the answers

Study Notes

उत्कर्ष -2025

  • "उत्कर्ष-2025" is an initiative by Team STC, Lucknow to help promotion aspirants in the Bank
  • The booklet aims to provide information on Risk, Audit, & Compliance
  • The booklet emphasizes the importance of the Job Family Concept for Risk, Audit, & Compliance
  • The booklet aims at enabling seamless transition & succession planning and inculcating a habit of self-paced learning

Bank's Financial Result as on 30.06.2024

  • This booklet explores the financial performance of the Bank
  • Offers insights into the bank's performance as of 30.06.2024
  • The provided details are critical in understanding the Bank's financial position

IRMD L&A Policies

  • The booklet offers a comprehensive look at the policies related to Risk, Audit, & Compliance
  • The policies cover a wide range of credit management and risk guidelines
  • The policies are aimed at streamlining and improving the credit approval process
  • Included policies: Credit Management & Risk Policy, Valuation Policy, TEV Policy, Co-Lending Policy, Factoring Policy, Exit Policy ... etc. (See Index for full list)

Basel Guidelines

  • The booklet provides an understanding of the Basel Guidelines
  • The guidelines help to understand the regulatory framework for banks
  • These guidelines are crucial for Risk Management and ensure banking soundness
  • The policies align with international best practices and comply with global regulatory standards

IRMD L&A Guidelines

  • The booklet provides a detailed look at the IRMD (Internal Risk Management Department)-related guidelines
  • These guidelines are crucial for day-to-day operations of the Bank
  • The guidelines dictate how various financial transactions must be handled
  • Includes guidelines for: Future Lease Rentals (FLRs), Open Term Loan, Corporate Loan, Short Term Loan, Line of Credit, Securitisation of Future Toll Collection... etc (See Index for full list)

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UTKARSH 2025 PDF

Description

This quiz covers key concepts from the 'Utkarsh - 2025' initiative, focusing on Risk, Audit, and Compliance within banking. Understand the importance of job family concepts and the bank's financial performance as of June 30, 2024. It also highlights significant policies regarding credit management and risk assessment.

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