Get India Rbl Bank Code Of Conduct 2016-2025

To summarize, it sets forth high standards of conduct on matters such as potential conflict of interest, acting in a manner that does not harm the reputation of the institution, and ensuring the confidentiality of customers and transactions.

The members of the Core Management while discharging duties of their office must act honestly and with due diligence. They are expected to act with the extent of utmost care and prudence, which an ordinary person is expected to take in his/her own business.

Fair Practice Code is a voluntary code adopted by RBL Bank, which aims to achieve synchronization of best practices while dealing with our customers in India. It aims to provide valuable inputs to customers and facilitates effective interaction of customers with the bank.

Transactions must be reflected in an accurate and timely manner. Providing Strong Internal Controls over Assets – All affected persons must comply with the internal control procedures established by the institution for the safeguarding of assets and proper reporting and disclosure of financial information.

Shares of RBL Bank declined after Motilal Oswal Financial Services Ltd. downgraded the lender's ratings after cutting its earnings estimates due to high opex and credit costs. RBL Bank's fourth-quarter net profit rose 36.8% year-on-year to Rs 271 crore.

The three pillars of ethics in banking are “integrity”, “responsibility” and “affinity”. Integrity is imperative because it helps build the trust that any banking system needs to thrive. Responsibility necessitates contemporary banks to consider the effects of their lending policies.

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