The Reserve Bank on Monday proposed to lay down principles for management of model risks in credit for banks and other regulated entities with a view to ensuring prudence and robustness.
Regulated Entities (RES) generally use various models as part of their credit management, including for credit appraisal, borrower scoring, pricing, and risk management, among others.
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Notice to Pak for review of Indus Water Treaty
India has served a formal notice on Pakistan seeking a review of the Indus Water Treaty, arguing that \"fundamental and and unforeseen\" changes in the circumstances require a reassessment of the pact.
Lessons beyond Lebanon
Why the attack must set alarm bells ringing for us
1 nation, one poll gets cabinet nod
In another step towards implementing the \"One nation, one election\" plan, the Union Cabinet on Wednesday approved the Kovind panel report on simultaneous polls.
NEVER EVER DIAL 'M' FOR MOSSAD
COUNTRY ON EDGE After the initial attack on pagers, comes a second wave of carnage on hand-held devices
India, Bangladesh intensify training ahead of Chennai Test, mull combination
After spending two days preparing exclusively on a red-soil pitch, India and Bangladesh trained on a deck made of black soil here on Tuesday.
ICC delegation arrives in Karachi to review security for CT
A five-member delegation from the International Cricket Council (ICC) has arrived in Karachi for an important inspection visit in preparation for next year's Champions Trophy in Pakistan.
ICC unveils record prize money for Women's T20 WC
The International Cricket Council (ICC) has announced a groundbreaking prize distribution for the upcoming ICC Women's T20 World Cup, set to take place next month in the United Arab Emirates (UAE).
No distractions, just determination: Rohit
India skipper Rohit Sharma has dismissed the need for a new strategy ahead of the upcoming series against Bangladesh, despite their recent 2-0 win over Pakistan and the presence of pacer Nahid Rana.
Pakistan clinches bronze
Pakistan concluded their campaign at the Hero Asian Champions Trophy on a high note, securing the bronze medal with a commanding 52 victory against Korea at the Moqi Hockey Training Base in China.
TITLE NO 5 FOR TEAM INDIA
AGAINST ALL ODDS: Jugraj delivers decisive goal helps Men in Blue to retain Asian title with 1-0 victory
