I have highlighted how banks are different from other corporates and how this casts larger and more complex responsibilities on their corporate governance. I have briefly traced the changes in the Indian banking structure following the reforms in 1991 and how this has had important implications for corporate governance.
Finally, I highlighted important issues in five areas covering corporate governance of banks which should engage our collective attention. A final thought as I finish. Should corporate governance in general, and corporate governance of banks in particular, be motivated only by measurable performance indicators or is there something more to it?