Cases and technical notes on various aspects of governance: Cases on Yes Bank Limited and Sun Pharma, along with a technical note on board monitoring

Abstract

In the past few years, Yes Bank Limited, one of India’s most promising private sector banks, has faced significant issues with its asset quality which have culminated with the bank needing to be rescued by the government. The failure of the bank presents an interesting opportunity to examine the role played by different actors, both internal and external, in the governance of a bank and to assess the extent to which the monitoring function can be adequately performed by these actors.