RBI governor urges banks to strengthen internal governance, curb unethical practices

RBI Guv Shaktikanta Das on Monday asked financial institution boards to reinforce inner administration structure to suppress dishonest techniques. “While such techniques might generate temporary gains, they inevitably subject the financial institution to substantial lasting threats, consisting of reputational damages, managerial analysis, and punitive damages,” he claimed in a keynote address at the Seminar of Supervisors of Economic Sector Financial Institutions in Mumbai …
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