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Issue of November 2003 

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Protecting retail assets

IDBI Bank, one of India’s fastest growing private sector banks, has decided to implement the SAS Credit Risk Management Solution across its Retail Assets division.

Pramod Vaidya, Head-Risk Management, IDBI Bank said, "We were looking at enhancing our risk management initiative in retail banking in line with our plans on being Basel II compliant by 2006. For this we needed a solution that would assist in understanding the credit worthiness of customers and facilitate the development of risk scorecards for home loans, personal loans and define pre-approved credit lines for individuals."

The bank will primarily use the Risk Management solution to develop a credit-scoring model, that will provide the bank intelligence on the creditworthiness of customers.

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