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 - Civilsdaily

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

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 … 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