Conflict of interest

Conflict of interest

‘Conflict of interest’ is a term that has been cropping up recently in debates about corporate governance in the Indian banking sector, with private banks in the spotlight, along with their boards and CEOs.

Loosely, the term means being split between one’s professional duties and personal interests. But one wrong decision can have far-reaching consequences — both professionally and spiritually. The following is the solution suggested by Sri Sri Ravi Shankar

“Conflict of interest can be pre-empted by five Cs: courage, connectedness, care, compassion and cosmic understanding of life. Decision makers arrest the conflict of interest as they expand their sphere of belongingness and look beyond their private interests.

                                                        Sri Sri Ravi Shankar