Business Daily from THE HINDU group of publications Friday, Mar 13, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Money & Banking
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Alliances & Joint Ventures IDBI Bank ties up with Crisil unit Our Bureau Mumbai, March 12 IDBI Bank has tied up with Crisil Risk Solutions, a division of Crisil Ltd, to help meet the advanced Basel II approaches. As part of the agreement, Crisil Risk Solutions will provide consulting services to develop a comprehensive and integrated risk management architecture as well as license and implement its proprietary software solutions such as CORE (for management of operational risk), CAM (for Basel II capital calculation), Credit Capital (for Economic capital calculation) and RAM (for internal rating) for IDBI Bank. Crisil Risk Solutions will also integrate various risk systems in IDBI Bank during the course of the assignment, said a press release from Crisil. More Stories on : Alliances & Joint Ventures | Private Banks | Credit Rating | Credit Market
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