Corporate governance in the Indian banking sector: A survey of literature

Abstract

A system of transparent interactions between an institution's management, board, shareholders, and other stakeholders is at the heart of corporate governance. The nature and goal of corporate governance have been examined in the first half of this survey of, with a focus on the difficulties that banks face in the area of good corporate governance. In the particular circumstance of an India, the conflicts have also been detailed. In the second part, the Basel Committee's report is described, as well as how it aids in overall bank corporate governance. Finally, in the third section, the best practises in bank corporate governance are shown. Finally, the research finds that banks, as a distinct type of financial firms, need a set of good governance standards which is specific and unique to them.