The report stated the 2013 land Act was a step forward.
The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively.
Rera's implementation is patchy across states, and the powers of the regulator to enforce its orders are also limited.
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
A recent survey done by indianboards.com suggests that around 283 directors will retire by October this year.