Corporate governance plays a pivotal role in ensuring the stability, transparency, and efficiency of the banking system. In India, banks operate in a highly regulated environment due to their responsibility of safeguarding public deposits and maintaining financial stability. This study examines the concept of corporate governance in Indian banking, the regulatory framework, governance mechanisms, challenges, and its impact on bank performance. The study highlights the role of the Reserve Bank of India (RBI), board structure, audit and risk management practices, and recent reforms aimed at strengthening governance standards. Effective corporate governance enhances investor confidence, reduces financial risks, and promotes sustainable growth in the Indian banking sector.