explain risk, explain BAsel accord, what is credit crunch , current situtation its all include in introductionexample of Northern rock should include ;The core of this paper is to explain how the banks are adopting the Basil rules and which particular area where they have confusion with understanding of these rules. Also in this paper I will discuss the methodology that banks currently using for collecting, manageing and analyzation of data and what mistakes they have done and what lesson they have learned from these mistakes so they can improve efficiency in the future. Also I am going to discuss about the current situation, the credit crunch, what is the problem that currently banks are facing and why they are short of funds the main causes and the possible solution, the actions required to sorting this problem out and how can they avoid the same situation in the future.the main theme is " IDENTIFY THE FAULT, THE 8% RESERVE RATIO SO WHY ITS 8% , WHY INDIA HAVE DIFFERENT RESERVE SYSTEM, WHICH COUNTRY NOT FOLLOWING THAT RESRVE SYSTEM AND WHY THEY NOT FOLLOWING WHAT ARE THE CREDIT RATING AGENCIES SYSTEM HOW THEY ALLOCATE THE RATE AAA OR BBB HOW WE GOING TO IMPROVE OUR REGULATORY FRAME WORK WHAT CEO''S DOING HOW THEY LET IT HAPPEN HOW CAN COMPANIES DO THE IMPROVEMENT, SOMETHING ABOUT DATA MANAGEMENT, ASSESS THE RISK AND THAN APPLY, THIS IS MY MASTERS DEGREE DESSERTATION AND SUPERVISOR WANTS SOMETHING CHALLANGING SOME CRITICAL THOUGHT Q) does Basil delivered that it should be or is it fit for purpose? Q) what are the problems if it is not delivering? Q11) Recommendations for future to avoid this kind of situation again. (6000 words for literature) {Application( 6000 words) if its gone good than i will explain the application}