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Author(s) : Sakshi Mehra, Anoushka Roy, Dr. Sony Pellissery ISSN : 0974 - 497 Year : February 2021 | Volume : 15 | Issue : 1/4 Abstract: Human rights discourses have enforced similarity of ethical guidelines that organisations follow throughout the world. Ruggie framework has furthered this by emphasising the responsibility of corporate houses to advance human rights. In the context of banking industry, the due diligence that a banker exercises is demonstrated to protect, promote and remedy human rights. However, these broad guidelines provide sufficient room for corporate houses to innovate ethical practices suitable for their sector. Banking institutions in India have shown abysmally poor record on the performance towards the benchmarks of human rights. We argue that ‘Asian values’ may not concur with ‘due diligence’ proposition of Ruggie framework. We derive our conclusions by examining ethical practices in three public sector banks and three private sector banks. Download File Download File Open File