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What is Corporate Governance in Indian Banks about?

Corporate governance in banks is essential to prevent fraud and ensure accountability, particularly in the Indian banking sector where public sector banks (PSBs) face regulatory challenges. The P J Nayak Committee Report and World Bank Report highlight failures in governance, including the inability of the RBI to hold PSB management accountable and the high incidence of fraud. Proposed solutions include empowering the RBI as the sole regulator for PSBs, legal reforms for equal supervisory enforcement, and e

Author

Indrani Das

Language

EN