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  Published Paper Details:

  Paper Title

CORPORATE GOVERNANCE PRACTICES IN THE SELECTED PRIVATE SECTOR BANKS IN INDIA

  Authors

  Ishan Patel,  Aakash Patel,  Sonakshi Sharma

  Keywords

Corporate governance, procedures, banking system, rules and regulations

  Abstract


Corporate Governance at moment the conception of Corporate Governance has taken a new dimension due to globalization and liberalization. With the opening up of frugality and to be in line with WTO conditions, if the Indian corporate has to survive and succeed amidst adding competition encyclopedically, it can only be through translucency in operations. Excellence in terms of client satisfaction, return, product and service, return to promoters and social liabilities towards society and people cannot be achieved without rehearsing good commercial governance. The main objective of Corporate Governance is to enhance the long-term shareholder value while guarding the interests of other stakeholders, maximizing long-term shareholder value legally and ethically, ensuring fairness, courtesy and quality in all deals within and outside the bank with guests, workers, investors, partners, competitors, the government and the society. The system of corporate governance is important for banks in India because the majority of the banks is in the public sector, where they aren't only competing with one another but with other players in the banking system as well as in the financial services system including Financial Institutions, collective finances and other financial intermediaries Further, with restrictive support available from the govt. for further capitalization of banks, numerous banks may have to go for public issues, leading to the transformation of power. This paper focuses on corporate governance in the banking sector and how they cleave to Corporate Governance practices. It further indicates the part and relationship of corporate governance with the Indian Banking Sector. Both private and public sector banks are clinging to obligatory conditions of corporate Governance attributes as a result it is bringing further transparency and minimizing the chances of fraud and malpractices

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2302519

  Paper ID - 231567

  Page Number(s) - e181-e183

  Pubished in - Volume 11 | Issue 2 | February 2023

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Ishan Patel,  Aakash Patel,  Sonakshi Sharma,   "CORPORATE GOVERNANCE PRACTICES IN THE SELECTED PRIVATE SECTOR BANKS IN INDIA", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.11, Issue 2, pp.e181-e183, February 2023, Available at :http://www.ijcrt.org/papers/IJCRT2302519.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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