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In the research literature very few studies have been done in India as well as in other countries about actual functioning and consistency of bank´s internal ratings and implied ex-ante risk in bank loan portfolios. It opens up wide area of research (which has not been done on Micro-level data) to examine individual bank´s modus operandi in integrating ground level risk appreciation and capturing them in Risk assessment exercise which over-all affects portfolio risk dimension of whole-bank in an aggregated portfolio.

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Dr. Bishnu Prasad Mishra started his professional career with State Bank of India, after graduating from the Delhi School of Economics, Delhi. He worked in the area of Corporate Finance, International Banking as well as Retail Banking. His research area is in SME, Corporate, & Sustainable Finance.He had a stint in Newyork office of SBI.

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