They believe that the framework for risk management in a bank is fundamentally no different today than it was prior to the credit crunch and recession. However, the risk function lacks certain business acumen, and continues to be considered a handbrake on growth.
A.T. Kearney suggests that a return to managing risks – not ignoring them or believing they can be passed off – is the cure. I could not agree more. References: 1. Report on Trend and Progress of Banking in India 2012–13. 2.