Risk Management in Modern Indian Banking: A Practitioner's Compendium for the Contemporary Risk Professional

About the Book

Risk Management in Modern Indian Banking
A Practitioner’s Compendium for the Contemporary Risk Professional
In an era where a cyberattack in one continent can trigger liquidity crises across others, risk management has ceased to be a back-office function — it has become existential.
This comprehensive compendium offers banking and finance professionals a rigorous, India-centric guide to navigating the full spectrum of risks that define modern banking. Structured across five parts and nineteen chapters, it moves seamlessly from foundational principles to frontier challenges — equally valuable for the seasoned risk officer and the ambitious newcomer.
The book grounds readers in the evolving risk landscape and the Basel regulatory continuum before examining the six core pillars of bank risk: credit, market, liquidity, operational, capital, and funds transfer pricing. Each chapter blends global frameworks with Indian regulatory reality, drawing on RBI guidelines, MSME lending dynamics, and India’s UPI ecosystem.
The second half ventures into territory most textbooks ignore: fraud risk, compliance, cybersecurity, business continuity, and social media hazards. The final section addresses frontier risks — climate and ESG, AI and FinTech-driven technology risk, and concentration risk — before synthesising everything into an integrated Enterprise Risk Management framework.
What distinguishes this compendium is its practitioner’s voice. Concepts are anchored in real-world scenarios, Indian regulatory developments, and contemporary case studies. Chapter-wise MCQs, a rich glossary, and a comprehensive bibliography make it an indispensable resource for professionals preparing for IIBF examinations, FRM certifications, or simply seeking to sharpen their risk acumen.
For those who manage risk in Indian banking, this is the definitive desk reference.

About the Author 

Viju A is a seasoned finance, legal, and governance professional with over three decades of distinguished experience spanning banking, financial services, regulatory compliance, and legal practice. He currently serves as Chief Financial Officer of a State-owned NBFC, bringing deep, hands-on expertise in financial management, board-level governance, risk oversight, and regulatory engagement.
A Gold Medallist in M.Sc. (Ag), he holds an MBA (Finance) and an LL.B. — a rare interdisciplinary academic foundation that informs his uniquely structured approach to complex financial and legal challenges. He is professionally qualified as a CAIIB and a Certified Banking Compliance Professional, and is also a qualified Independent Director with well-developed expertise in corporate governance and board processes.
Earlier in his career, Viju served in a leading Public Sector Bank, where he rose to the role of Assistant General Manager (Academics). As core faculty in Risk Management, he played a pivotal role in training and mentoring banking professionals, building institutional capabilities across credit, market, and operational risk domains.
Renowned for his clarity of thought, Viju has been instrumental in designing and implementing robust risk management frameworks aligned with RBI guidelines and Basel norms. His career reflects a rare convergence of strategic financial acumen, legal insight, and deep pedagogical experience.
He has consistently contributed to organisational resilience through disciplined risk oversight, compliance rigour, and forward-looking financial strategy. A regular contributor to leading industry publications — including The Indian Banker by IBA — he is widely regarded as a credible and authoritative voice on risk management in the Indian banking ecosystem.