In today's fast-paced and ever-changing financial landscape, credit operation and management have become increasingly important for financial institutions involved in the business of banking. The ability to effectively manage credit risk and related operations can mean the difference between success and failure for these organizations. Effectively managing credit risks is upon bank officials who need to have appropriate knowledge about the philosophy of risk management and the repertoire including the academic as well as regulatory aspects of credit risk management. This book is aimed at providing a comprehensive guide to the operation and management of credit risk. With a unique approach of taking the local regulatory standards as a benchmark, this book musters the diverse set of topics that a bank official need to have in their toolkit to become a better manager of risk as well as master the challenge of the banking professional examinations administered by the Institute of Bankers, Bangladesh. It covers a wide range of topics, from the fundamentals of credit risk management to the latest regulatory developments and best practices, local and international. Whether you are an experienced professional or new to the field, this book will provide valuable insights and practical guidance on navigating the complex world of credit operations and relevant risk management in financial institutions. I hope that this book will serve its readers well in their endeavors.