https://www.taxtmi.com/article/detailed?id=1035 The note identifies bribe for loans as a systemic corruption risk arising where intermediated loan syndication masks improper payments; it stresses that lenders exercising discretion over public funds must undertake rigorous due diligence and resist inducements, particularly in higher risk sectors like real estate and capital markets. It urges regulatory action: scrutinising post employment placements of senior bankers, tightening eligibility norms for nominee and independent directors, reinforcing prudential limits, ensuring transparency in syndication fees, and strengthening the central regulator's oversight to protect decision quality. en-us Tue, 30 Nov 2010 17:59:16 +0530 Tue, 30 Nov 2010 22:03:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1035 The note identifies bribe for loans as a systemic corruption risk arising where intermediated loan syndication masks improper payments; it stresses that lenders exercising discretion over public funds must undertake rigorous due diligence and resist inducements, particularly in higher risk sectors like real estate and capital markets. It urges regulatory action: scrutinising post employment placements of senior bankers, tightening eligibility norms for nominee and independent directors, reinforcing prudential limits, ensuring transparency in syndication fees, and strengthening the central regulator's oversight to protect decision quality. Articles Other Topics Tue, 30 Nov 2010 17:59:16 +0530 https://www.taxtmi.com/article/detailed?id=1035