Induction of More Independent Directors :

Induction of more independent Directors who have no business connection with bank and are dedicated to work. They should be specialists in different functions such that their contribution helps in enriching the quality of governance and avoidance of unethical practices.

Majority of the frauds are due to unethical practices and in case governance was good these could have been avoided or minimized.

Example:- the case of Satyam Computer, King Fisher Airlines and Sahara India are the burning cases. The worst was Dabhol Power Plant, Mumbai.

The recent emphasis of including women directors is another approach for empowerment; here women are expected to take more ethical decisions.