Banks and financial institutions have been making vital benefactions over the times to nation’s economical growth and development. Banking business is getting more complex and diversified. Risk taking and operation in a less regulated competitive market will have to be done in such a way that investor’s confidence isn't eroded. Another important consummate matter for banks is guarding the interest of depositors. Banks deal in peoples ‟finances and should, thus, act as trustees of the depositors. Considering the significance of banking sector and the practice of corporate governance and how it helps banking assiduity in India in terms of bringing further translucency and overall growth of banking sector. Banks in numerous countries were closed, busted and acquired. The principle reason cited for the drop out was the absence of corporate governance. Hence the term corporate governance has come into middle of everyone's attention in the educational pursuit. Banks are delicate, one bank's failure could impact other banks in the manner, impacting the whole money related frame and the economy. In India public sector banks command the financial business yet there are rising solicitude about administration challenges in the nationalized banks. So, the research will identify the attributes of corporate governance and to what extent it's being enforced in India’s banking sector. This research will help in assaying the corporate governance norms complied by the major private and public sector banks in India. It’ll give useful perceptivity into comparing and differing corporate governance practices of public and private sector banks. This study will concentrate on a relative analysis between each bank with respect to their compliance of statutory corporate governance practices and their elaboration over the last 8 times in named banks of India.

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Keywords: Management, Banks, Economic, Corporate Governance, Development, Transparency.