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TMB 3. In recent times bank is witnessing volatility in interest rates as well as foreign exchange rates. Thus putting pressure on the banks for

TMB

3. In recent times bank is witnessing volatility in interest rates as well as foreign exchange rates. Thus putting pressure on the banks for maintaining a good balance among spreads, profitability, and long-term sustainability.

a. As a risk-mitigating manager write a short note on asset Asset liability management (ALM) and its importance (10 Marks)

The answer should be a min of 500 words

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