A Comparative Study of Corporate Governance Disclosure by Private and Public Sector Banks in India-A Study

Banking sector have been playing a key role in the development of the Economy. The branch networking and priority sector lending activities, banking sector have been confirmed their socio-economic commitment. One of the major factors which have transformed the Indian Banking Sector has been the launching of economic reasons. The traditional face of Banking is also undergoing a change, from one of mere intermediaries to one of provider of quick efficient consumer-centric services. All the Banks whether public or private have incorporated their vision and philosophy on Corporate Governance disclosures of private and public sector Banks in India. A Disclosure index of 8 broad parameters has been prepared according to the Clause of 49 of the SEBI by using content Analysis. The population for the study is private and public sector banks in India. On the basis of Convenience Sampling method, 3 private sector banks and 3 public sector banks have been taken as samples for study. The private sector banks included in Sample are Axis Bank, HDFC Bank, ICICI. The public sector banks samples are State bank of India, Bank of Baroda, and Central bank of India and z-test statistical tools has been used for this study.