narshimbha rao committee

banking reform

1. Name of the group member Topic = Narsimhan Rao Committee Report In my Prospective

2. Introduction Privatisation of Banks: Narsimnan Committee Report After Independence a need was badly felt to overhaul the banking system in India. The Process of bank reforms started in 1949 with the passing of the Banking Regulation Act, 1949. In 1991, Narsimhan Committee on Financial System was appointed. Decline in efficiency. Decline in productivity, and consequently. Reduction in profits. In state affairs Low rate of interest on directed investment. Low rate of interest on directed loan and advances. RECOMMENDATION Uniform Accounting Norms The Statutory Liquidity Ratio

3. Banking sector reforms in India Prudent Accounting Standards Capital Adequacy Norms Assignment of Risk Weight Authorized Capital of New Banks Internal Control Better Loan Recovery New Private Sector Bank Formation of Bank Capital Operation Opening of Branches 1. Capital 2. Operation 3. Voting Right 4. Registeration of bank