This book seeks to capture essence of credit risk management to the forefront of the finance and banking industry. Also provides a self explanatory guided credit rating model was presented in lucid manner for easy understanding of the intricate and complex process of risk management and credit rating. The high light of the book is on most detailed presentation of various aspects of risk management with cases as examples. Analytical part of the model building has been explained trough series of steps. Model presented in this book provides three types of classification of clients. The model application ability has been tested through industry wise examples.