The Corporate Governance (CG) has emerged as a benchmark for judging corporate excellence in the context of national and international banking practices. The banking industry has been providing more facilities to customers as per the CG regulations also in terms of taking deposits from customers, granting loans and providing corresponding services in banking institutions. The CG philosophy of banks has based on the pursuit of sound banking business ethics and strong professionalism that align the interests of all shareholders and the society. The CG concepts help to attain the goal of each and every business industry by quality services to the society. The main objective of the study is to provide detailed information about CG activities in Indian commercial banks and showing the banking activities towards the CG regulations in selected Indian banking institutions. The researcher made an attempt to show the effectiveness of CG in pre and post-period implementation of CG concept in Indian banks. This study is based on secondary data which were collected from the RBI website and various journals covering the periods from 2001-2013. The selected commercial banks by descriptive analysis, CG score analysis, trend co-efficient and chow test.

KEYWORDS:  Banking Industry, Corporate Governance, CG Philosophy.