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Corporate governance is the system of rules, practices, and processes by which a firm is directed and controlled. It essentially involves balancing the interests of a company's many stakeholders, such as shareholders, senior management executives, customers, suppliers, financiers, the government, and the community. The basic principles of corporate governance are accountability, transparency, fairness, responsibility, and risk management.
Capital Small Finance Bank believes in creating an intrinsic sense of responsibility and ethical conduct, along with maintaining a transparent environment. We have formulated a Corporate Governance framework that ensures timely disclosures and the accurate filing of information regarding our financials and performance, as well as the leadership and governance of the Bank. The Board is constituted professionally with a strong commitment to shareholder value, transparency, accountability, ethical standards, and regulatory compliance.
Capital Small Finance Bank understands the significance of good corporate governance, which is widely acknowledged as an essential component for achieving organisational effectiveness and equity for all stakeholders. Thus, this corporate governance policy was established to provide guidance and a framework for managing and overseeing the bank under good corporate governance principles.
Capital Small Finance Bank values developing enduring relationships and having open communication with all of its significant stakeholders. We are committed to generating long-term value for all of our stakeholders. As a result, our corporate governance philosophy is always focused on generating value while safeguarding the interests of all stakeholders.
We exert diligent effort to meet these high standards because we acknowledge and honour our fiduciary responsibilities to our shareholders, clients, bankers, employees, and other financial institutions that are in their developmental stages. To effectively address the new challenges our company encounters, we consistently focus on enhancing our governance practices and systems.
The Capital Small Finance Bank rigorously monitors adherence to fundamental rules of conduct while simultaneously offering flexibility and taking into account fresh perspectives that can be advantageous for the long-term interests of stakeholders.
To enhance economic efficiency, foster growth, inspire stakeholder confidence, and strengthen corporate commitment to values, ethics, and social well-being, excellent corporate governance is now widely recognized as an indispensable management tool and a catalyst for societal progress.