Risk management at IOB is no longer a back-office function — it has become the central nervous system of the bank. The transformation began with the creation of an Interactive Capital Dashboard, a real-time tool that tracks capital adequacy ratios such as CRAR, CET1 and risk-weighted assets. More than a compliance necessity, the dashboard offers simulation capabilities, enabling management to visualise how different scenarios – from economic shocks to sectoral downturns – could impact the bank’s capital position. This has made strategic planning more data driven and agile.
The revamping of the ICAAP framework and the launch of a Risk Appetite Dashboard further strengthen this structure. These tools provide consolidated views of credit, liquidity and market risk indicators, while automated systems like the CARE Rating Tracker update external ratings in real time. By eliminating manual intervention, the bank has drastically reduced the risk of errors and improved the speed of reporting. For instance, during FY 2024-25, IOB achieved an impressive 99.38% coverage of borrower accounts rated using audited financials — a feat that not only enhances transparency but also reduces provisioning risks.
Stress testing across 19 industry sectors and the development of an in-house IRRBB model have further prepared IOB for market volatility, ensuring it can anticipate risks instead of reacting to them.
If Risk Management is IOB’s shield, IOB SMART is its spear. This integrated digital solution tackles a key challenge in secured lending: property valuation and climate risk assessment. Traditionally dependent on manual processes and pin-code-level data, the system now leverages latitude–longitude tagging to provide pinpoint accuracy.
Through a seamless portal and mobile app, valuations, legal opinions and climate assessments flow into a centralised repository. Branches, regional offices and risk committees can access reports in real time, cutting delays, ensuring consistency and faster approvals. By embedding ESG principles into both risk management and lending, IOB is not just futureproofing its operations — it is redefining what responsible banking looks like in the Indian context.
The Affordable Housing project emerged as a path-breaking response to Uttarakhand’s acute land scarcity and the growing demand for homes among the economically weaker sections (EWS). Implemented under the Pradhan...
That capital flows into SHG-led Enterprises & Urban Job Creation, where 31,637 new livelihood units take shape, 9,183 members gain “walk-to-work” placements and 143,173 entrepreneurs formalise via MSME registration. This...
When Muthoot Microfin began its journey as an NBFC-MFI in 2015, the goal was simple yet bold: bring credit to the women who had long been excluded from India’s formal...
In 2020, JSCB faced an alarming situation — the Gross Non-Performing Asset (GNPA) ratio stood at an unsustainable 51.63%, while the Net NPA (NNPA) was 18.48%. Recognising the existential threat,...
In the run-up to the elections, the most..
"American roads are good not because America..
State Rankings Highlights -: Odisha scaled to number..
Step 1: Call for Project Submission Call for..
Inclusion is the first magazine dedicated to exploring issues at the intersection of development agendas and digital, financial and social inclusion. The magazine makes complex policy analyses accessible for a diverse audience of policymakers, administrators, civil society and academicians. Grassroots-focused, outcome-oriented analysis is the cornerstone of the work done at Inclusion.
