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