Apt Time To Address Governance Gaps In Banks, Says RBI Deputy Governor
The Statesman|June 06, 2023
Time is perhaps right to address gaps in governance frameworks of banks, a top RBI official has said, amid reports of lapses by various banks, which have invited action by the central bank.
Apt Time To Address Governance Gaps In Banks, Says RBI Deputy Governor

"The banking sector in India at this juncture is sound, resilient, and financially healthy. So, the time is perhaps right to improve the plumbing by addressing the gaps in governance frameworks, assurance functions and strategise for better times ahead," RBI's deputy governor Rajeshwar Rao said.

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