Abstract
Many types of research have been done on Fraud Risk Management practices. Though, none of any research focuses on FRM (Fraud risk management) practices' impact on performance in private and Public banks. This study has found the impact of FRM practices on the performance of private and public banks. The objective of the study was to find the impact of fraud risk management practices on the performance of private and public banks. The target population of this research is the working employee of public and private banks. The data for the study was collected from Karachi. The size of the sample contains the bank which is in Karachi. Primary data was collected through a structured questionnaire. There were 55 questionnaires. The collected data was analyzed through IBM SPSS software. The results are presented in research in the form or a graph. The result of the research shows that there is a significant impact of practices of fraud risk management on performance where risk culture is a moderator of public and private banks. Through the research result it came out that banks use preventive, deductive, and responsive practices to risk factors in control to improve bank performance.
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