As we continue to feel the effects of the global pandemic, the banking sector, like many other sectors, now faces unprecedented uncertainty. While banks are generally going into this pandemic in a stronger position than the global financial crisis of 2008, the current environment presents challenges for standard accounting procedures and processes that could impact a bank's risk profile. a) Discuss the risks being posed to the banking sector because of the global pandemic. b) Propose key risks management policies that banks need to adopt in such a situation. [apart from basel 3] c) How BASEL III measures can help banks to minimise the consequences of this crisis