The major emphasis of banking players is placed on financial governance, financial soundness, financial discipline and corporate governance. The banking sector players are unable to cope with macro economic, social and ecological challenges. Banking players are now indulging themselves in...

The basis of corporate governance is shareholder democracy. The role of the management is to run the enterprise while the board is to see that it is being run well and in the correct direction. Rules and regulations recommended by different committee report are necessary but not sufficient...

Corporate social responsibility is a powerful way of making sustainable competitive profit and achieving lasting value for the shareholder as well as for stakeholders. CSR and reporting thereof is a win win opportunity not just for opportunities and for financial investors but for society at...

The Macroeconomic Assessment Group (MAG) was established in February 2010 by the chairs of the Financial Stability Board and Basel Committee on Banking Supervision to coordinate an assessment of the macroeconomic implications of the Basel Committee's proposed reforms. Members of Macro Economic...

The verbal connotation of the word ‘crisis' implies some unforeseen contingencies which take place all on a sudden and creates adverse impact to the environment. The statement may be inferred to the internal and external environment of an organization or economy of a nation or from the macro...

The Basel Committee on Bank Supervision (BCBS) assumed the role as the international advisory authority on bank regulation; the BCBS has promulgated guidance on issues critical to ensuring health in the banking systems across the world. The Basel Accords have caused disagreement at times, but...

Unlike most other businesses, the failure of banks, especially very large ones, can have far-reaching implications. It was experienced during the Great Depression and, most recently, during the global financial crisis and the ensuing recession. The health of the bank system (or lack thereof) can...