Tag: Bank Boards Bureau (BBB)

India bank reforms positive but face implementation risks

Newsroom24x7 Desk Mumbai/Singapore: The announcement of the creation of a specialised Bank Boards Bureau (BBB) in the recent Indian Union budget is likely to have a positive effect on corporate governance at state-owned Indian banks, says Fitch Ratings. However, this move, alongside various other smaller policy changes over the past year, have been limited in

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