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Name of the group member
Topic = Narsimhan Rao Committee
Report In my Prospective
Introduction
Privatisation of Banks: Narsimnan Committee Report
1. After Independence a need was badly felt to overhaul the banking system in India.
2. The Process of bank reforms started in 1949 with the passing of the Banking Regulation Act, 1949.
3. In 1991, Narsimhan Committee on Financial System was appointed.
4. Decline in efficiency.
5. Decline in productivity, and consequently.
6. Reduction in profits.
In state affairs
1. Low rate of interest on directed investment.
2. Low rate of interest on directed loan and advances.
RECOMMENDATION
1. Uniform Accounting Norms
2. The Statutory Liquidity Ratio
Banking sector reforms in India
1. Prudent Accounting Standards
2. Capital Adequacy Norms
3. Assignment of Risk Weight
4. Authorized Capital of New Banks
5. Internal Control
6. Better Loan Recovery
New Private Sector Bank
1. Formation of Bank
2. Capital
3. Operation
4. Opening of Branches 1. Capital 2. Operation 3. Voting Right 4.
Registeration of bank

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narshimbha rao committee

  • 1. Name of the group member Topic = Narsimhan Rao Committee Report In my Prospective
  • 2. Introduction Privatisation of Banks: Narsimnan Committee Report 1. After Independence a need was badly felt to overhaul the banking system in India. 2. The Process of bank reforms started in 1949 with the passing of the Banking Regulation Act, 1949. 3. In 1991, Narsimhan Committee on Financial System was appointed. 4. Decline in efficiency. 5. Decline in productivity, and consequently. 6. Reduction in profits. In state affairs 1. Low rate of interest on directed investment. 2. Low rate of interest on directed loan and advances. RECOMMENDATION 1. Uniform Accounting Norms 2. The Statutory Liquidity Ratio
  • 3. Banking sector reforms in India 1. Prudent Accounting Standards 2. Capital Adequacy Norms 3. Assignment of Risk Weight 4. Authorized Capital of New Banks 5. Internal Control 6. Better Loan Recovery New Private Sector Bank 1. Formation of Bank 2. Capital 3. Operation 4. Opening of Branches 1. Capital 2. Operation 3. Voting Right 4. Registeration of bank