Dr.Jaskaran Singh Dhillon is Director, Swift Technical Campus,Punjab-India. He has 22 years of Industrial, Academic and Research Experience. He has contributed number of Books/Research Papers and manuscripts in the field of Management in National/International Journals. He has interests in Marketing/CRM/Org. Behaviour/Rural Marketing etc.

In Banking, Asset and Liability Management (often abbreviated ALM) is the practice of managing risks that arise due to mismatches between the assets and liabilities (debts and assets) of the bank. Banks face several risks such as the liquidity risk, interest rate risk, credit risk and operational risk. Asset liability management (ALM) is a strategic management tool to manage interest rate risk and liquidity risk faced by banks, other financial services companies and corporations. Banks manage the risks of asset liability mismatch by matching the assets and liabilities according to the maturity pattern or the matching of the duration, by hedging and by securitization. . Modern risk management now takes place from an integrated approach to enterprise risk management that reflects the fact that interest rate risk, credit risk, market risk, and liquidity risk are all interrelated.