Business Today - - COVER STORY -

For­mer Deputy Gov­er­nor, RBI

“In our sys­tem, there is no con­cept of ac­count­abil­ity. The banks have to im­prove gov­er­nance, build good risk man­age­ment prac­tices, hire qual­ity peo­ple and in­cul­cate the sys­tem of ac­count­abil­ity. We have to hold peo­ple ac­count­able for lapses. How many banks’ board have been su­per­seded be­cause of high NPAs ? ”

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