The test of the quality of governance does not lie in the existence of an architecture – but in whether that architecture enables the institution to govern itself effectively.
Rabi N. Mishra
Komal Gupta
September 2, 2026 at 4:28 AM IST
Istock.com
The RBI’s plan to reopen UCB licensing revives an old institutional form even as governance, capital and scale constraints remain unresolved.
R. Gurumurthy
August 6, 2026 at 8:44 AM IST
