What are the broad principles of Risk Governance? Discuss the role, functions and composition of Credit Risk Management Committee. 

Risk governance refers to the process by which organizations manage risks in a structured, transparent, and systematic manner. It involves the identification, assessment, prioritization, and management of risks to ensure that the organization achieves its objectives. The following are the broad principles of risk governance:

1. Risk Management Framework: The development of a risk management framework is a fundamental step in risk governance. The framework should provide a clear and concise explanation of how risks will be managed within the organization, including the roles and responsibilities of different stakeholders.

2. Risk Identification: The organization should identify all the potential risks it may face in achieving its objectives. The identification of risks should be comprehensive and should include all areas of the organization.

3. Risk Assessment: Once the risks are identified, the organization should assess their potential impact on the organization's objectives. The assessment should consider both _____ ___ _____ _____ ________ _________ ____ ____ ______ _____ _________ __________.
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