Economics

RBI’s Das Calls for Tighter Governance at Indian State-Run Banks

  • Central bank head says weakness in governance raise risks
  • Local banks have greater capital buffer than Basel stipulates

Shaktikanta Das

Photographer: Indranil Mukherjee/AFP via Getty Images

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India’s central bank chief Shaktikanta Das called for stronger corporate governance at state-run lenders to make the country’s banking sector more efficient.