Not the way : RBI finds excessive dominance by 1-2 board members even in big banks – vision mp visionmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visionmp.com Daily Mail and Mail on Sunday newspapers.
Board discussions have to be free, fair and democratic, Shaktikanta Das said, addressing directors of Urban Cooperative Banks (UCBs) at a meeting organised by the Reserve Bank of India (RBI) in Mumbai.
Reserve Bank of India Governor Shaktikanta Das has warned against the "excessive dominance" of one or two board members in big commercial banks. RBI Guv Das stated that board discussions should be free and fair, with all directors given a chance to speak and no single director s opinion being final.