CORPORATE GOVERNANCE IN INDIAN BANKS
Isha Goel
Research Scholar
lend of Management Studies & Research (IMSAR)
Maharshi Dayanand University,Rohtak(Haryana)
Email- ishagoel06@yahoo.com
ABSTRACT
In sticking parlance, the merged Governance refers to conducting the personal line of reasoning of a banking organization in such a stylus that gives a fair deal to all the stake holders i.e. sh beholders, bank customers, regulatory authority, society at large, employees etc. The brass instrument of unified governance is important for banks in India in addition because, majority of the banks are in earth sphere of influence, where they are not only competing with adept another but with other players in the banking system as well as in financial services system including Financial Institutions, Mutual Funds and other intermediaries, in a new environment of liberalization and globalization. Further, with restrictive support procurable from the Govt. for further capitalization of banks, many banks may have to go for public issues, leading to transformation of ownership. The concept of somatic governance is on the starting stage in the Indian banking sector although they are practicing it from to a greater extent than a decade.
Both private and public sector banks are following the mandatory guidelines which bring the transparency in the banking sector but still there more proper implementation of unified governance principles is required.
This research examines the practices of corporate governance attributes in Indian banking sector and how they adhere to corporate governance practices and what improvements are required.
Key words Corporate Governance, Banking Sector, Banks
Introduction
Corporate governance is a number of processes, customs, policies, laws, and institutions which have impact on the way a company is controlled. Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the corporation is governed. In contemporary business corporations,...If you want to get a full essay, order it on our website: Ordercustompaper.com
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