RBI: Boards must steer banks not individuals - Shahpur Turk CSC - Common Service Centre in Sonipat RBI: Boards must steer banks not individuals

30 March 2022

RBI: Boards must steer banks not individuals

The Reserve Bank of India (RBI) has said that banks and financial institutions should not be dominated by individuals. Rather, the central bank said, they should be board-driven to avoid undesirable consequences. It has also highlighted specific questions that boards should ask managements.

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