Banking Committees

Key Details
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11 September 2017

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# Committee Purpose

1. Malhotra Committee To lay down a road map for privatisation of the life
insurance sector.

2. Janaki Ram Committee To Enquire into Securities Transactions of Banks and

Financial Institutions.

3. Chakravarty Committee To assess the functioning of the Indian Monetary

system.

4. Narasimham Committee To analyzing India's banking sector and recommending

legislation and regulations to make it more effective,
competitive and efficient.

5. S Padmanabhan Committee For Review of Supervisory Processes for Commercial

Banks.

6. G Padmanabhan Committee Implementation of Bharat Bill Payment System (BBPS).

7. Nachiket Mor Committee To Implement Comprehensive Financial Services for

Small Businesses and Low Income Households. Also,
to permit Non-Banking Financial Company (NBFC) to
work as Business correspondents for Banks.

8. B. Sambamurthy Committee To examine the options/alternatives including the

feasibility of using encrypted SMS based funds transfer
using an application that can run on any type of
handset for expansion of mobile banking in the country.

9. Bimal Jalan panel To scrutinize applications for new bank licenses.

10. K.U.B.Rao Committee To Study the Issues Related to Gold Imports and Gold
Loans NBFCs in India.

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# Committee Purpose

11. Arvind Mayaram Committee For rationalizing the definition of Foreign Direct
Investment (FDI) and Foreign Institutional Investor
(FII).

12. Suma Varma Committee To Review Banking Ombudsman Scheme.

13. Vaidyanathan Committee Task force for the revival of co-operative rural credit
structure.

14. N.H. Siddiqui Committee For furnishing of credit information by credit institutions
to the Credit Information Companies in respect of
different sectors.

15. Ramachandran Committee The Advisory Committee on Ways and Means

Advances to State Governments.

16. YV Reddy Committee Reforms In Small Savings;

To Review the System of Administered Interest Rates
and Other Related Issues.

17. The Standing Committee on For evolving sound standards based on recognised
International Financial best practices and for adopting transparency while
Standards and Code(YV adhering to the codes.
Reddy)
18. Raghuram Rajan For Evolving a Composite Development Index of
Committee States.

19. Ashok Ganguly Committee To rationalize corporate governance norms for bank
boards. Working Group on Flow of Credit to SSI
Sector.

20. K.M Chandrasekhar For Rationalisation of Investment Routes and

Committee Monitoring of Foreign Portfolio Investments.

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# Committee Purpose

21. Urjit Patel Committee To Revise and Strengthen the Monetary Policy
Framework.

22. Jilani Committee A Review on internal controls and inspection / audit

systems in banks (1995) identified key risks associated
with IT systems.

23. A Ghosh Committee High level Committee on fraud and malpractice in

banks.

24. MBN Rao Committee A Blue print for the Proposed India's first Women's
Public Sector Bank.

25. Shri Pulak Kumar Sinha To study the feasibility of Aadhaar as an additional
Committee factor for authentication of card present transactions.

26. Shri Aditya Puri Committee Dissemination of Credit Information

27. B. Mahapatra Committee to review the existing prudential guidelines on

restructuring of advances by banks/financial institutions

28. Ratan P Watal Committee To suggest steps to promote card payments with an
aim to discourage cash transactions.

29. Sudarshan Sen Committee To study the regulatory issues relating to Financial
Technology and Digital Banking in India.

30. Dinesh Sharma Committee To study the existing framework for virtual currencies
such as bitcoin.

31. R.H. Khan Committee Harmonization of the Role of Financial Institution in

Banks.

32. A K Khandelwal HR Issues of Public Sector Banks.

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# Committee Purpose

33. Vipin Malik Committee Consolidated Accounting by banks

34. James Raj Committee Functioning Of Public Sector Banks

35. AK Bhuchar Committee Coordination Between Term Lending Institutions And

Commercial Banks.

36. Bhide Committee Coordination between commercial banks and SFC’s.

37. Nadkarni Committee Improved Procedures For transactions in PSU Bonds

And Units

38. M L Dantwala Committee To Boost Regional Rural Banks.

39. Tandon Committee To examine the existing methods of lending and

suggest changes of Bank Credit.

40. P J Nayak Committee To review Governance of Boards of Banks in India

41. Deepak Mohanty Committee Medium-term Path on Financial Inclusion

42. Kamath Committee Education Loan Scheme

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