The ICAAP is required to form an integral part of the management and decision-making culture of a bank. What does ICAAP stands for?
Capital Adequacy was the principal message of the Basel II framework. Under ICAAP requirements a bank needs to have in place internal procedures and processes to ensure that it possesses adequate capital resources in the long term to cover all of its material risks. ICAAP document is required to clearly demarcate the quantifiable and qualitatively assessed risks. The ICAAP is also required to include stress tests and scenario analyses, to be conducted periodically, particularly in respect of the bank's material risk exposures, in order to evaluate the potential vulnerability of the bank to some unlikely but plausible events or movements in the market conditions that could have an adverse impact on the bank's capital.
Recently AAI signed a MoU with which country to facilitate smart and sustainable aviation technology collaboration?
Which bank has partnered with OneCard to introduce state-of-the-art, mobile-first, contactless, metal co branded credit cards that will empower users wi...
Which country will host the FIFA Women's World Cup 2027?
Which country's Sovereign Wealth Fund has become the first Sovereign Worth Fund to invest in India?
Under which article of the Constitution, the Allahabad High Court has recently declared the UP Board of Madrasa Education Act 2004 unconstitutional?
Who has been appointed as the brand ambassador of Fit India Movement in February 2024?
NIEPVD joined hands with the Daisy Forum of India (DFI) to facilitate the provision of an online library containing accessible books and related resourc...
Which of the following statements is true regarding the renewal of the PMJJBY scheme?
Wetlands are very important for environmental protection, how many of them are there in India at present?
Recently, India's foreign exchange reserves increased to 2.56 billion dollars.