Other Corporate Governance

Internal Committees (Meetings during FY)

Enterprise Risk Management Committee

6 meetings

Risk and Information Security Committee

5 meetings

Business Continuity Management (BCM) Steering Committee

2 meetings

Prevention of Sexual Harassment (POSH) at workplace – Internal Complaints Committees

No complaints

Investment Committee

62 meetings

Asset Liability Management Committee

27 meetings

Risk Management

The framework for risk management encompasses policies, organisational structure, IT systems and assessment, measurement, mitigation and monitoring of various risks. Brief particulars are furnished below:

Policies

Enterprise Risk Management (ERM) Policy

Loan Policy

IT & Cyber Security Policy

Security & Collateral Management Policy

Operational Risk Management (ORM) Policy

Business Continuity Management (BCM) Policy

Assets Liability Management (ALM) Policy

Investment Policy

Internal Capital Adequacy Assessment Process (ICAAP) Policy

Internal Control Guidelines for Derivatives (ICGD)

Market Risk Management Policy (MRMP)

Model Validation Policy

Systems

The IRMS consisting of Capital Assessment Models (CAM) for credit risk and market risk, ORMS, ICAAP Tool, Rating Models - Risk Assessment Model (RAM), SIDBI Multifunctional Appraisal and Rating Tool (SMART) and Score Cards, Bankers Assets Liability Management (BALM).

NPA Management

Internal Audit Management

Key highlights during FY 2022

As on March 31, 2022, 39 BOs were covered by the concurrent audit mechanism, accounts for more than 82% of the Direct Credit operations.
Operational Audit for 113 BOs/ROs/HO verticals.

Human Resource Strength as on March 31, 2022

986

Total staff

886

Officers

92

Class III staff

28

Subordinate staff

223

Women employees

172

71

203

OBC

27

PwD

2

Ex-servicemen

Learning & Development

The Bank’s HR strategy has always included training and development.

During FY 2022, made 1,179 nominations for various training programmes:
- 1,113 nominations for in-house programmes
- 66 nominations to renowned training/academic institutions
- Women nominations - 205
- SC/ST/OBC - 647
Number of training man-days during FY 2022 improved to 4,447 as against 2,808 in previous FY
223 employees in total received pre-promotional training, 73 of whom were from the SC category, 34 from the ST category, and 114 from the OBC category.
Besides Officers were also nominated to various specialised inland training programmes / workshops conducted / organised by reputed institutions like CRISIL, NAHRD, NIBM, FIMMDA, IDRBT, CAFRAL, etc.
All training programmes are undertaken keeping in view the essential need of the Bank in achieving its vision and mission.