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Banks are exposed to five core risks through their operation, which are-credit risk, asset/liability risk, foreign exchange risk, internal control & compliance risk, and money laundering risk. Among these risks management of credit risk gets most...

Today’s tales from the worlds of economics, politics and the environment — plus added Fukusihmapocalypse Now! — opens with hope for modest relief for some via the Guardian: Sallie Mae and Justice Department in $60m deal over military...

Banking Reforms – The Right Direction Preface There has been a lot of speculations and discussions being held in the media, social networking sites, informal forums and friendship circles regarding the reforms anticipated and/or required in the...

This article was reported and written by Kevin Burbach, Jeff Hargarten, Christopher Heskett and Sharon Schmickle. The article was produced in partnership with students at the University of Minnesota School of Journalism and Mass Communication, and is...

Madam Speaker, I rise to present the Budget for the year 2014-15. I. STATE OF THE ECONOMY 2. The people of India have decisively voted for a change. The verdict represents the exasperation of the people with the status-quo. India unhesitatingly desires...