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

https://www.cnbctv18.com/business/rbi-governor-banks-should-strengthen-internal-governance-curb-unethical-practices-19511237.htm
RBI Governor Shaktikanta Das on Monday asked bank boards to strengthen internal governance framework to curb unethical practices. “While such practices may yield short-term gains, they ultimately expose the bank to significant long-term risks, including reputational damage, supervisory scrutiny, and financial penalties,” he said in a keynote address at the Conference of Directors of Private Sector Banks in Mumbai…