Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Imperative of revisiting the operational risk control architecture in public sector banks cyjdf (PSBs) in India: A qualitative analysis Subject The topic of the resource Banking frauds; Internal control; Management; Operational risk; Prudential measures Description An account of the resource The banking sector in India has contributed to economic growth, parity and equity while equally keeping focus on profit and social objectives. The successive prudential and regulatory reforms introduced in the banking sector have made it more robust and stronger to withstand the bubbles and external shocks. Still, the Indian banking sector in general and public-sector banks (PSBs) in particular have been suffering from the bank frauds. This study endeavors to cover the increasing incidences of banking frauds in PSBs and probes the weaknesses and chinks in the operational risk architecture at the PSBs in India. This study selects Punjab National Bank as a true representative of PSBs and treats it as a critical case study to apply the learning and findings to the PSBs in India. This qualitative analysis of the study revealed that the chinks in the operational risk control mechanism and lax corporate governance are the main reasons behind the increasing incidences of frauds at PSBs. The findings of the study showed that a strong corporate governance and compliance framework, robust risk management architecture, investment in people, technology and systems will go a long way in achieving tighter control and supervision, streamlining processes and, most of all, adhering to a culture of checks and balances. 2019 LLC CPC Business Perspectives. All Rights Reserved. Creator An entity primarily responsible for making the resource Shetty A.S.; Nagendra B.V.; Jeevananda S.; Divakar G.M. Source A related resource from which the described resource is derived Banks and Bank Systems, Vol-14, No. 1, pp. 137-146. Publisher An entity responsible for making the resource available LLC CPC Business Perspectives Date A point or period of time associated with an event in the lifecycle of the resource 2019-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.21511/bbs.14(1).2019.12" target="_blank" rel="noreferrer noopener">https://doi.org/10.21511/bbs.14(1).2019.12</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85063751383&amp;doi=10.21511%2Fbbs.14%281%29.2019.12&amp;partnerID=40&amp;md5=12afb494d0b8278133a776b15b3879ad" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85063751383&amp;doi=10.21511%2fbbs.14%281%29.2019.12&amp;partnerID=40&amp;md5=12afb494d0b8278133a776b15b3879ad</a> Rights Information about rights held in and over the resource All Open Access; Gold Open Access Relation A related resource ISSN: 18167403 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Shetty A.S., Institute of Management, Christ University, Bangalore, India; Nagendra B.V., Institute of Management, Christ University, Bangalore, India; Jeevananda S., Institute of Management, Christ University, Bangalore, India; Divakar G.M., Institute of Management, Christ University, Bangalore, India