Friday, June 12, 2020

BANKING

The Reserve Bank of India has proposed a 10-year limit on bank founders remaining in the roles of CEO or full-time director, according to a discussion paper on corporate governance released on Thursday. The restricted tenure will ensure “separation of ownership from management but also reinforce a culture of professional management,” the paper said.

from Banking/Finance-Industry-Economic Times https://ift.tt/37otakF
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