Maidavolu Narasimham was the chairman of the First Narasimham Committee. He was the 13th Governor of Reserve Bank of India (RBI). His tenure as the RBI Governor was from 2 May 1977 to 30 November 1977. You can read about the RBI – Reserve Bank of India [UPSC Indian Economy Notes] in the given link.
The first Narasimham Committee was appointed by the former Finance Minister Manmohan Singh in 1991. The second Narasimham Committee was appointed by the former Finance Minister P Chidambaram in 1998, which was again headed by Maidavolu Narasimham.
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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