This course explains Policy Deviation Risk Assessment and how the risk implications arising from deviations from established credit policies, guidelines, or norms are evaluated within Agri & Rural Commercial Credit. It covers the key dimensions of frequency, materiality, product circulars, and PSL rules, emphasizing the need for structured assessment, clear boundary definition, and independent validation before any credit actions are finalized.
The course also distinguishes Policy Deviation Risk Assessment from broader operational procedure design, and highlights its role within Policy, Program & Compliance Application, where the credit manager validates team-level analysis, approves case recommendations, and manages segment-level exposure, including oversight of escalation to credit committees where required.