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  • 01 January, 1970

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Major Committees – Indian Banking system

Major Committees – Indian Banking system

Committee

Purpose

Banking and Financial Sector Reforms

Basel Committee

Banking Supervision

Bimal Jalan

For New Bank Licenses

Raghuram Rajan

Committee For Financial Sector Reforms

For Banking Sector Reforms

Sukhmoy Chakravarty

Committee to Review Working of Monetary System

For Reforms Relating To Non-Banking Financial

Companies (NBFC)

Marathe

Licensing of New Banks

A K Khandelwal

Issues Of Public Sector Banks

Investigate Frauds & Malpractices

Ghosh

Frauds & Malpractices In India

Janakiraman

To Investigate The Security Transactions Of The

Bank

Justice M B Shah Commission

On Black Money

R. Jilani

Inspection System In Banks

Investment

Arvind Mayaram

For Giving Clear Definitions To Foreign Direct

Investment (FDI) And Foreign Institutional

Investment (FII)

Sodhani

Foreign Exchange Markets in NRI Investment in

India

K M Chandrasekhar

For Rationalization Of Foreign Investment Norms

M J Ferwani

Stock Exchange

Technology

B Sambamurthy

Mobile Banking

Dinesh Sharma

To Propose New Regulation Related To Digital

Currencies Or Virtual Currencies

Rattan P Watal

Committee To Boost Digital Payment System In India

Sudharshan Sen

To Study Regulatory Issues Relating To Financial

Technology And Digital Banking In India

W.S. Saraf Committee

Technology issues in Banking Industry

K S Shere

For proposing Legislation On Electronic Funds

Transfer (EFT) and other Electronic Payments

Sectoral Financing

B Sivaraman

Institutional Credit for Agricultural and Rural

Development

Khusrau

Agricultural Credit

Thakkar

Committee For Credit Schemes to Self Employed

Deepak Parekh

For Financing Infrastructure Sector

Nachiket Mor

Comprehensive Financial Services For Small

Businesses And Low-Income Households

K.V.Kamath

To Examine The Financial Architecture For Micro,

Small And Medium Enterprises

K Madhav Das

Urban Cooperative Banks

Rural

Gadgil (1969)

Lead Banking System

Vyas

Committee for Rural Credit

Godwala

Rural Finance

Credit

Aditya Puri

Credit Information

Rashid Jilani

ForCash Credit System

Tandon

Follow Up For Bank Credit

Hajara

Differential Interest Rates Scheme

Risk Assets

P Selvam

For Non Performing Assets of Banks

Cook Committee

For Capital Adequacy Of Banks(under Basel committee)

Inclusion

MBN Rao

To Prepare The Blueprint Of India’s First Women’s Bank

Lakdawala

Poverty

Usha Thorat

Financial Inclusion, Financial Sector Plan for North East Region.

Banking efficiency

P J Nayak

Governance Of Boards Of Bank In India

Pillai

For Pay Scales of Bank Officers

Khandelwal

On HR Issues Of Public Sector Banks

Raja Mannar

Committee For Changes in Banking laws, bouncing of cheques,etc.

Suma Verma

To Update, And Revise The Banking Ombudsman

Scheme, 2006

Insurance, Pension

R.N. Malhotra

Committee forReforms in Insurance Sector

J Reddy

Reforms in Insurance Sector

Dave Committee (2000)

For Pension Scheme For Unorganized Sector

Restructuring

S.P. Talwar

For Restructuring Of Weak Public Sector Bank

S.N. Verma

Committee (1999) For Restructuring The Commercial Banks

Regional Rural Banks

Thingalaya

Restructuring of RRB

Uk Sharma

For Nabard’s Role In RRB

M L Dhantwala

Regional Rural Banks

Monetary policy

Urjit Patel

To Examine The Current Monetary Policy

Framework

N. K Singh

To Review The Fiscal Responsibility And Budget Management Act

Small Saving

Shyamala Gopinath

For Suggestions On Post Office Small Saving

Schemes

R. V. Gupta

For Small Savings

Rakesh Mohan

Committee for Small Savings

YV Reddy

Reforms in Small Savings

Small scale Industry

Karve

For Small Scale Industry

Tambe

For Term Loans to Small Scale Industries

Taxation

Chelliah (1991)

For Tax Reforms

Kelkar

For Tax Structure Reforms

Parthasarathi Shome

For Tax Administration Reform Commission

N Rangachary

To Examine Taxation Policies For It Sector

Wanchoo Committee (1971)

For Direct Taxes Enquiry

Rekhi

Committee For Indirect Taxes

L K Jha

For Indirect Taxation Enquiry

Parthasarathi Shome

For Implementation Of GAAR (General Anti

Avoidance Rule)

Other

K.U.B. Rao

For Setting Up Bullion Bank Or Bullion Corporation

Of India

Source: Aspire Economics

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