Over the past couple of years, failures and near failures in the Indian banking system have shed a harsh but realistic light on the importance of good governance, management quality and integrity, structural soundness and related issues vital for the efficient running of banks and financial institutions. Based on your understanding of the CAMELS appraisal system, identify which of its elements the following banks failed to comply with thus leading to their respective problems. Examine their current status and explain how far if at all - they have succeeded in their efforts to emerge from their respective crises:

a. ICICI Bank

b. YES Bank

c. Lakshmi Vilas Bank

Task: As an impartial financial analyst, what are your recommendations to ensure that they are never repeated? In your view, what lessons do these crises have for other Indian banks as adherents to the CAMELS benchmarks and to the Reserve Bank of India as the regulator? Please write it in 800 Words and send it ASAP