BCM Challenges in Indian Banking Industry - DRI-India
BCM Challenges in Indian Banking Industry - DRI-India
BCM Challenges in Indian Banking Industry - DRI-India
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<strong>BCM</strong> <strong>Challenges</strong> <strong>in</strong> <strong><strong>India</strong>n</strong> Bank<strong>in</strong>g <strong>Industry</strong>• Know your Bus<strong>in</strong>ess - Banks bus<strong>in</strong>ess and strategic objectivesmust be clearly understood amongst the stake holders .Assets, geographies be<strong>in</strong>g served, people <strong>in</strong>volved, premisesavailable, <strong>in</strong>formation technology be<strong>in</strong>g used, markets andgeographies to be served, product and service portfolios, keyservice providers, dependencies, etc.• BCRA - Consider “right case scenarios” rather than “worstcase scenario”. Have atleast follow<strong>in</strong>g steps :- Identify Assess Measure Treat Measure Sign-off onResidual Risk Progressively <strong>in</strong>crease Risk Appetite• Includes both Risk Prevention and Risk Mitigation• Adopt<strong>in</strong>g and follow<strong>in</strong>g an approved RA methodology• Can be part of Enterprise Risk Management of an Orgn© 2012, www.periculum.<strong>in</strong> Internal8
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