Mentor’s comment- https://www.financialexpress.com/opinion/rbi-goes-for-massive-governance-reforms-in-commercial-banks-key-recommendations/2006866/ In the intro, mention the recent episodes of governance failures like Yes Bank. In the body, mention the current norms for banks under Companies Act 2013 and disclosure requirements under SEBI norms etc. In suggestion improvement in the governance structure through various conditions can be suggested. In conclusion, highlight the importance of … Continue reading Given the complex nature of functions performed by the banks in comparison to other businesses subjecting them to stricter norms of governance is necessary. In light of this examine the adequacy of existing governance norms and suggest ways to improve them. 10 marks