Hemindra Hazari, a Mumbai-based independent banking analyst, said the government should improve management of state-owned banks and strengthen their governance norms instead of privatizing them.
"You have to strengthen your governance norms. You should put in structures, change the management to address the problems," Hazari said. "That is where...
"He should have resigned earlier [if he was peeved]…. You can’t be like an independent commentator in position of office and make statements which are destabilising,” Hazari told Forbes India.
THE NEWS SCROLL 17 FEBRUARY 2020 Last Updated at 8:56 PM | SOURCE: IANS
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The RBI wants to see improved governance from private banks through proposed rules that limit the roles and tenures of CEOs. But will they work?
BY SALIL PANCHAL, Forbes India Staff 7 min read PUBLISHED: Jul 6, 2020 05:12:39 PM IST UPDATED: Jul 7, 2020 01:31:39 PM IST
In November 2018, three independent directors...
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