1Associate Professor, School of Management Studies, Indira Gandhi National Open University, New Delhi, India. Email: nayantara@ignou.ac.in
2Associate Professor, School of Management Studies, Indira Gandhi National Open University, New Delhi, India. Email: kamalvagrecha@ignou.ac.in
In the light of the Companies act, 2013, RBI and SEBI norms with respect to corporate governance in banks, a need was felt to analyse the structural dynamics of board in Indian public sector banks. This study has been carried out in eight public sector banks of India. The major dimensions on the study focused on: a. the Bank's Philosophy on Code of Governance b. Board of Directors/Board Issues c. Board Structure, Strength and Size d. Distribution of the Board e. Women Participation in the Board f. Board Meetings g. Committees of the Board. By analyzing the structural dynamics of the sample banks’ boards individually, it was observed that the CG practices in the public sector banks are improving and following the statutory requirements. One of the reasons for overall improvement in CG practice after 2012–13 has been the promulgation of the Companies Act, 2013 which had made certain parameters of the present CG practices as mandatory.
Board, Board Committees, Board meetings, Women in board, Board leadership
