This document summarises the Reserve Bank of India's (RBI) discussion paper released on 12th June 2020, concerning governance in commercial banks. It focuses on key aspects relevant to Company Secretaries, including their appointment, reporting structure, performance assessment, and responsibilities. The paper also addresses the applicability of secretarial audits for all banks. This is essential reading for bank boards, company secretaries, compliance officers, and legal professionals involved in the banking sector.
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