In the longer run, a way out may be to refer to banks’ own methods and models to measure credit risk, under strict conditions analogous to the treatment of market risks. At present, I would describe credit risk models as still being in a development stage, although the advances that some banks have made in this area are potentially significant.
Hours of work were generally 9-4 but on Thursdays and Saturdays they were 9-12. Long gone are those days of Saturday banking. Trousers for women were banned; no married women were recruited to any Bank in Mauritius and when a girl on the staff announced her marriage, she was forced to resign.