‘Governance in Banks: Driving Sustainable Growth and Stability’ (Inaugural Address by Shri Shaktikanta Das, Governor at the Conference of Directors of Banks organised by the Reserve Bank of India for Public Sector Banks on May 22, 2023 in New Delhi and Private Sector Banks on May 29, 2023 in Mumbai) https://www.taxtmi.com/news?id=26551 Boards of banks must prioritise robust bank governance and depositor protection by implementing regulator guidelines on Board themes and composition, ensuring directors meet fit and proper criteria and maintain requisite expertise, preserving independence and absence of conflicts, securing timely and accurate information for informed decisions, safeguarding financial statement integrity against aggressive accounting, aligning compensation with prudent long term performance, and empowering independent assurance functions with direct Board access under the three lines of defence model. en-us Mon, 29 May 2023 13:06:36 +0530 Mon, 29 May 2023 13:07:00 +0530 TaxTMI RSS Generator ‘Governance in Banks: Driving Sustainable Growth and Stability’ (Inaugural Address by Shri Shaktikanta Das, Governor at the Conference of Directors of Banks organised by the Reserve Bank of India for Public Sector Banks on May 22, 2023 in New Delhi and Private Sector Banks on May 29, 2023 in Mumbai) https://www.taxtmi.com/news?id=26551 Boards of banks must prioritise robust bank governance and depositor protection by implementing regulator guidelines on Board themes and composition, ensuring directors meet fit and proper criteria and maintain requisite expertise, preserving independence and absence of conflicts, securing timely and accurate information for informed decisions, safeguarding financial statement integrity against aggressive accounting, aligning compensation with prudent long term performance, and empowering independent assurance functions with direct Board access under the three lines of defence model. News - Mon, 29 May 2023 13:06:36 +0530 https://www.taxtmi.com/news?id=26551