CHALLENGES OF CORPORATE GOVERNANCE IN INDIAN BANKING SECTOR

Abstract

The Corporate Governance is Main Purpose of Economic Reforms Characterized by liberalization & deregulation. Corporate governance has at its backbone a set of transparent relationships between an institution’s management its board, shareholders & other stakeholders. In the developmental economic environment &integration of the country at present, the banking sector in India cannot ignore the importance of corporate governance. The corporate governance philosophy of banks is the pursuit of sound business ethics &strong professionalism that aligns the interests of all stakeholders &the society. The present paper attempted to study the Impact of corporate governance in banking sector with the help of secondary data. & study the challenges & issues faced by the banks in India.