Saturday, July 14, 2012

Govt should not control banks from outside: RBI

......“The government ownership mechanism, which is not through the boards but outside the boards is not good governance. One thing for the government could be to show exemplary behaviour of corporate governance and exercise their ownership rights through the board. I think that would be good for all the financial institutions, including Nabard,” the RBI governor said in response to a question from the audience at the 30th foundation day function of Nabard in Mumbai...................

No comments: