The Narasimham Committee had 9 members. This Committee was appointed by the Government of India in 1991. It was a Committee on the Financial System – CFS and it was appointed by the Former Finance Minister Manmohan Singh. You can read about the RBI – Reserve Bank of India [UPSC Indian Economy Notes] in the given link.
This Committee was headed by Maidavolu Narasimham who was the 13th Governor of Reserve Bank of India (RBI). On December 17, 1991, the committee’s report was tabled in the Parliament of India.
Further readings:
- Download Indian Economy Notes For UPSC Examination
- Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19
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