Environmental, social and governance (ESG) policies and banks’ commercial performance, and finds that social issues can represent important opportunities for banks’ existing operations and lines of business. Environmental issues may be another matter. The ESG policies are coming under increased scrutiny among bankers as the cost of such programmes continue to escalate despite often underwhelming results. Arguing unequivocally that banks can deliver both social impact and profits. Financial institutions may have a significant opportunity to…

In the ensuing paradigm, the banking sector irrespective of public or private sector and foreign or domestic banks’, their increased reliance on non-fund-based business activities would become inevitable. Persistent endeavours in scouting for new technology, new products/services/ new avenues have become necessary for the growth and sustainability of the banking system. In this context, perhaps bancassurance could be an appropriate choice for banks to increase their stable source of income with relatively few investments in…