Bengal government orders audit into cooperative bank loan scam
West Bengal authorities have ordered an audit investigation into an alleged loan scam involving a cooperative bank, highlighting growing concerns
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banking governance
Capacity building in cooperative and rural banks: A detailed analysis
Introduction Cooperative and rural banks occupy a vital position in India’s financial architecture. They serve segments that are often not
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HDFC Bank Acts Against Executives in AT-1 Bond Mis-Selling Case
HDFC Bank has taken disciplinary action against three executives following allegations of mis-selling Additional Tier-1 (AT-1) bonds, highlighting serious concerns
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HDFC Bank Chairman Atanu Chakraborty Resigns Over Ethical Concerns
HDFC Bank Chairman Atanu Chakraborty has stepped down from his position, citing ethical concerns related to certain practices within the
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IDFC First Bank Fraud Allegation Seen as Operational Risk Event
Allegations of fraud involving IDFC First Bank have drawn market attention, though brokerage assessments suggest the financial and operational impact
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Governance Failures in Financial Institutions: Common Patterns
Governance failures in financial institutions rarely occur overnight. They build gradually—often beneath strong financial performance, rapid growth, or market optimism.
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Credit risk failure and governance lessons: The Yes Bank case
Introduction Credit risk remains the most material risk on bank balance sheets, particularly in emerging markets where rapid credit growth
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RBI Allows Certain Non-Compliant Related-Party Transactions to Run Till Maturity
The Reserve Bank of India has permitted banks and regulated entities to allow certain existing non-compliant related-party transactions to continue
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Lok Sabha Passes Bill Allowing Up to Four Bank Account Nominees
The Lok Sabha has passed the Banking Laws (Amendment) Bill, 2024, enabling bank account holders to nominate up to four
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