An ethical organizational culture does not happen by accident—it is designed, modeled, reinforced, and measured by leaders and managers who set the tone for “how we work” every day. This article outlines actionable strategies leaders can use to embed ethics into structures, behaviors, and decisions, in a blogger‑friendly, professional tone. What ethical culture looks like…
In today’s competitive financial services landscape, banks and financial institutions recognize that their true strength lies not just in capital resources or technology, but in people. Human Resource Management (HRM) has evolved from a routine administrative function to a strategic driver of organizational growth, compliance, and innovation. For banks in particular—where trust, professionalism, and regulatory…
The banks are financial institutions licensed to receive deposits and make loans. Apart from collecting deposits and lending banks are handling cash transactions, Ancillary Services to their customers. To gain the confidence of customers’ banks need to maintain the highest standards of honest and ethical conduct in the course of all their operations. Although profitability…
Fair value accounting is the measurement of assets and liabilities of a business based on the estimation of current market values. It means the assets can be sold or a liability settled in an orderly transaction to a third party under current market conditions. Therefore this method of accounting is also known as ‘mark-to-market accounting…
Ethics of Information Security has both a legal and ethical concept. The ethics of information systems, also known as information ethics or cyberethics, is a branch of ethics that examines the ethical implications of information. It considers the moral aspects of information as a resource, product, or target. On the other hand, IS security or…
Abuse of official positions and sexual harassment are both types of misconduct and abusive conduct. Abuse of an official position is when an official uses his/her powers and privileges for personal gain or to harm others, instead of by the law. A public servant is said to commit the offence of criminal misconduct in the…
Ethics and technology are dynamic and ever-changing, and the relationship between the two is complex. Technology ethics is the study of the moral implications and considerations of technology, from its development to its use. It involves analyzing the ethical dilemmas that arise from the application of technology in various fields. Therefore, ethics is the dynamic,…
Globally Banking ethics rely on rules and standards that govern the conduct of a bank and its employees, and the impact of the bank’s actions on society and the environment. Banks are running on strong foundations of following four ethical principles which help them to deal with ethical issues. Principles of Trust: The Principles of…
The word “ethics” is derived from the Greek word ethos (character), and the Latin word mores (customs). In the legal context, ethics defines how individuals choose to interact with one another. According to Aristotle Ethics is the study of character, habits, and virtues that can be acquired through practice that enables us to lead a…
Principles of Trust: The Principles of trust are Integrity, security, availability, confidentiality, and privacy. It inspires customers, investors, regulators, and lenders to feel confident about bankers, banking products, and banking organisations. Principle of neutrality: Not to differentiate between employees (internal customers) and customers. No bias in behaviour. Principles of reliability: The reliability principle in banking…