China’s supervisory authorities have also required of directors to participate in adequate training. All the above concludes that training of directors constitutes an important aspect of improving corporate governance structure. In the early period of instituting corporate governance structure of financial enterprises, the biggest lesson is, taking the Board as a rubber stamp.
This is further complemented by a network of 2.17 lakh ATMs 4, out of which 47% are in rural and semi-urban areas and there are close to 32 lakh Business Correspondents engaged by banks 5.