The alleged irregularities witnessed in the case of some of the big cases such as PNB, Yes Bank, ICICI Bank, PMC, and so on are well known. But the broader issues are often lost, as there is focus on persons involved in such deviances, rather than the structures which engender them.

From the selection of board members to the tenure of the CEO to NPA recognition and compensation structures. Madan Sabnavis brings to the fore these and various other issues through a series of extracts from his book. His agenda is to provoke debate. “This (debate) can lead to better governance structures in banks - if taken in the right spirit,” he avers.

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