Corporate Governance: Principles, Policies and Practices, 2nd Edition

9

Banks and Corporate Governance

CHAPTER OUTLINE

• Banks and Corporates
• Why Corporate Governance in banks?
• Corporate Governance and the World Bank
• Bsel Committee on Corporate Governance
• Sound Corporate Governance Practices for banks
• Corporate Governance in Indian banks
• Review of Indian Experience in Corporate Governance
• Ganguly Committees’s Recommendations

Banks and Corporates

Banks, in a broad sense, are institutions whose business is handling other people’s money.¹ A joint stock bank, also generally known as commercial bank, is a company whose business is banking. These are more particularly institutions that deal directly with the general public, as opposed to the merchant banks and other institutions more concerned with trade and industry. ...