What is the Tandon committee?

The Tandon Committee was formed with the objective of framing guidelines for commercial banks for ensuring proper end-use of funds, for supervision and follow-up of bank credit. You can read about the RBI – Reserve Bank of India [UPSC Indian Economy Notes] in the given link.

The Tandon Committee Report on Working Capital was submitted in August 1975.

Further readings:

  1. Download Indian Economy Notes For UPSC Examination
  2. Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19

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