Banking has become more complex over the years with rapid developments in the area of risk management, implementation of Basel capital accords, and of late stress in asset quality on account of global and domestic factors. Understanding these issues by the Board members so as to exercise effective Corporate Governance in banks therefore assumes significant importance. Boards of banks are required to focus on business strategy and risk management so as to provide effective oversight to steer their banks through their present difficult position.
The objective of the program is to equip the Non-official Directors  on the Boards of Public Sector Banks with necessary skills and knowledge so that they can carry out their roles as Directors on the Boards effectively. The aim is to bring about an awareness and understanding about various regulatory, supervisory and governance issues relating to banks. The program would upgrade their skills/knowledge relating to certain key issues like Risk Management, Basel Framework, Risk Based Supervision and Corporate Governance.