This whitepaper is a report on the survey conducted to assess the current status of risk infrastructure in major Indian banks, in terms of skill sets, processes, technology and data. The paper attempts to assess the degree to which their risk management is driven by internal assessment and not just regulatory compliance. The survey was focussed on domestic banks, which can be classified into government owned (public sector) and private. The primary objective of the survey was to examine the extent to which risk management process and infrastructure in Indian banks was driven by regulatory pressures to become Basel II compliant. Read more.