The Nariman committee was appointed by the Reserve Bank of India (RBI) in 1969, soon after the nationalisation of 14 banks. The Nariman Committee was appointed with the mandate of giving recommendations on how the banking facilities could be spread across India in an adequate manner. You can read about the RBI – Reserve Bank of India [UPSC Indian Economy Notes] in the given link.
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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