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Splint International Journal Of Professionals
Year : 2020, Volume : 7, Issue : 1
First page : ( 47) Last page : ( 57)
Print ISSN : 2349-6045. Online ISSN : 0000-0000.

Corporate governance practices in private sector banks: A comparative study of icici bank - hdfc bank

Dr. Rajpara Yashasvi R.1, Dr. Mistry Komal D.2

1Assistant Professor, SEMCOM, Vallabh Vidyanagar, Gujarat, India

2Assistant Professor, SEMCOM, Vallabh Vidyanagar, Gujarat, India

Online published on 1 March, 2021.

Abstract

The last decade has seen many positive developments in the Indian Banking sector. The policy makers, which comprise the Reserve Bank of India, Ministry of Finance and related government and financial sector regulatory entities have madeseveral notable efforts to improve regulation in the sector. However, apart from this, the sector could not keep itself free from the global trends and its effects. Due to globalization effects have been observed in form of financial crisis and their consecutive effects on all the economies. In globalization no country untouched from the consequences of the crisis. The sources of the crisis may be limited to some developed economies, but developing economies are not also free from having potential risks in this regard, though in slightly different form and of a varieddegree. This paper attempts to study the legal requirement comply by the two leading private sector banks (ICICI-HDFC) according to various laws. This study will give insight in to the corporate governance disclosure practice followed by both the bank which is require to be understood by stakeholder as well as shareholder to measures the overall efficiency of the organization.

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Keywords

Corporate Governance, Private Sector Banks, ICICI, HDFC.

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