Corporate Governance in India
Profound corporate governance is a must for the Indian economy, however, India still has a long road to travel towards greater corporate governance.
Poor corporate governance standards in India have been a major grievance of domestic and foreign investors alike for long. Recent instances such Chanda Kochhar Case, IL&FS case, sale of IDBI Bank to LIC yet again highlight the fact that India urgently needs to reform the structure of corporate governance.
Failure of Corporate Governance: Recent Instances
ICICI Bank CEO Chanda Kochhar Case
ICICI Bank lent Rs 3,250 crore to Videocon Group which in turn allegedly invested ....
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