The objective of the program is to bring about an awareness and understanding among the Directors on the boards of commercial banks about recent regulatory developments, capital, risk, compliance, business strategy, governance issues, etc.
Broad program outline 1. Corporate Governance· Role & responsibilities of Directors· Functioning of various committees of Boards2. Global and Domestic outlook:· Macro economy trends· Monetary policy – recent changes and implications· Outlook on credit growth· GFSR, etc. issues3. Indian Banking System· Current issues, challenges and way forward· Need for evolving differential business strategies· Digital banking4. Recent regulatory developments:· Implementation of Basel III and capital planning· Asset quality management· KYC & AML 5. Changes in accounting standards· Ind AS 109 and likely implications for banks · Expected credit losses
6. Resolution and recovery of stressed assets· Restructuring and refinancing schemes· Recent amendments to DRT and SARFAESI Act · Insolvency & Bankruptcy Code and recent developments7. Risk management in banks· Risk management architecture· Liquidity risk management and ALM issues· Credit risk management and role of CRO · RAROC8. Risks in Information Technology environment· Cyber risk, data security and FINCERT9. Financial markets and role of treasury· Dealing in government securities and forex markets· Risk management in treasury operations· Basics of interest rate and forex derivatives and use for managing market risk10. International banking developments· Dodd Frank Act· Systemically important banks· BCBS & FSB - work in progress relating to capital regulation
Non-Executive Directors on the boards of commercial banks