RBI’s Sinha says good bank governance should reduce need for intervention
Anand Sinha, a deputy governor of the Reserve Bank of India (RBI), has stressed the need for good bank governance as an element of financial stability, and said good governance should require minimal regulation.
Delivering a speech at a management school in Lonavla, Sinha said regulation in India moved from "prescriptive to prudential mode" in the 1990s, meaning it now has a much greater focus on corporate governance. An important element of this is a "diversified ownership model", and to this
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