1. Board of Directors are responsible for managing the Asset Liability of the Bank and the Supervisory Committee of Board of Directors on Risk Management & ALM overseas the Asset Liability Management of the Bank. Asset Liability Committee (ALCO) of the Bank is entrusted with day-to-day monitoring of the Asset-Liability of the Bank & is supported by Asset-Liability Desk. ALCO meets regularly and decides on the size, mix, tenor, pricing and composition of various assets and liabilities and does identification, measurement, monitoring and management of liquidity and interest rate risk.
2. ALM Desk is guided by the Board approved ALM Policy of the Bank. ALM Desk manages Liquidity Risk through Stock approach & Flow approach and Interest Rate Risk through Traditional gap analysis & Duration gap analysis. The fundamental focus is to add value both from the earnings perspective and from the economic value perspective. ALM desk also submits regulatory returns and complies with regulatory guidelines on an ongoing basis.