Home Business Flaw in Indian banking governance-transparency issues are negative factor: S&P

Flaw in Indian banking governance-transparency issues are negative factor: S&P

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Lucky Jain
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(G.N.S) Dt. 12 Mumbai The recent governance issues in India’s banking sector involving ICICI Bank and Axis Bank reiterate the need to improve risk management and maintain strong governance practices, S&P Global Ratings said today. Global credit agency Standard and Poor’s (S&P) said the Indian banks need to improve risk

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