This book is an attempt to demystify various standard mathematical and statistical models that have been widely used by globally best practiced banks and demonstrates their relevance in measuring and managing credit risk in emerging Indian market. The book would help the academicians/ practitioners/risk managers/top executives in banks as well as students in the banking and finance area to understand the nuances of credit risk management that involves understanding modern tools and techniques in identifying, evaluating credit risk and its implications on profits and business strategies. The readers looking to learn how to build models may easily base their work in line with the given practices or methods shown and benchmark the outputs with the various published results given in book. This book is specially designed to enable the banks to prepare for eventual migration towards more sophisticated risk management framework under the Basel IRB approach set by the Reserve Bank of India.

这本书试图揭开各种标准的数学和统计模型的神秘性，这些模型已被全球最具实践经验的银行广泛使用，并证明了它们在衡量和管理新兴印度市场信贷风险方面的相关性。这本书将帮助银行的学术界人士/从业者/风险管理者/高管以及银行和金融领域的学生理解信贷风险管理的细微差别，包括理解识别、评估信贷风险的现代工具和技术及其对利润和商业战略的影响。希望学习如何构建模型的读者可以很容易地将他们的工作建立在给定的实践或方法的基础上，并将输出与书中给出的各种已发布结果进行基准测试。这本书是专门设计的，使银行能够为最终迁移到更复杂的风险管理框架下，根据由印度储备银行制定的巴塞尔内部评级法。