Asset-liability management (ALM) is the practice of managing risks that arise due to mismatches between the assets and liabilities of the bank. Banks face several risks such as the liquidity risk, interest rate risk, credit risk and operational risk. The ALM is a strategic management tool to manage interest rate risk and liquidity risk faced by banks and financial companies. Its functions extend to the management of liquidly risk, market risk, trading risk, funding and capital planning and profit planning and growth projection