A broad range of innovative and evolutional financial products, available globally at current time, have taken place and turned banking into a dynamic and active risk management process of assets and liabilities in a low regulated, high-risk environment. A complex system of techniques and management tools are used from banks to measure, monitor and control risks that are mainly categorized in credit risk, market risk, interest rate risk, liquidity risk, operational risk and legal risk. So, in the light of these lines, this research paper concludes that the performance of Pragathi Gramina Bank in meeting its objectives is successful and appreciable based on the available data for the purpose of study. And the research paper conveys a message to the government to take further needful support to these regional rural banks to make them more viable and successful in meeting the needs of rural credit in the coming days.

KEYWORDS:  Assets, Liabilities, interest rate, liquidity risk, operational risk, legal risk, Pragathi Gramina Bank.