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 the Reserve Bank of India as the regulator?

Please be brief and concise in your answer.

(You can take three days to answer this question but, please make sure to do it properly. It will mean a lot and help).

(This is all the information that I have and as mentioned in the question, please answer accordingly).