Questions related to top Banking & Finance Committees are often seen in every banking exam. Therefore, we have compiled this list of all important banking committees under our banking study material and notes for the benefit of all aspirants of competitive exams. important banking & finance committees

Also, those who follows gk news in newspapers know that the names of these committees or their Chairperson often appear in the economy sections. These committees are important because they have ramifications on a variety of situations prevalent in the economy. Hence, some or the other committee appears in news now and then. This is the reason why these committees are also asked in every banking related exam. Every banking recruitment aspirant must have working knowledge of these important banking and finance committees and their purposes to confidently answer such questions asked in interviews as well.

We have arranged these committees in alphabetical order so that names can be searched easily.

  • Abid Hussain Committee : On Small Scale Industries
  • A C Shah Committee : For Reforms Relating To Non Banking Financial Companies (NFBC)
  • Aditya Puri Committee : For Dissemination of Credit Information
  • Anil Kaushal committee : To examine the recommendations made by the TRAI on pricing of Spectrum.
  • Arvind Mayaram Panel : To Report on the alleged irregularities at the National Spot Exchange Ltd (NSEL)
  • Arvind Mayaram Committee : For giving clear definitions to Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII)
  • Athreya Committee : For Restructuring Of IDBI
  • Basel Committee : For Banking Supervision
  • Bimal Jalan panel : To scrutinize applications for new bank licenses.
  • Bhandari Committee : For Reconstruction of RRBs
  • B. Mahapatra Committee : To review the existing prudential guidelines on restructuring of advances by banks/financial institutions
  • Cook Committee : For Capital adequacy of banks.
  • C Rangarajan committee : For poverty scale estimates in the country
  • C Rangarajan Panel : For Recommending the pricing of natural gas by a complex methodology of arriving at an average of International gas hub prices
  • A K Ganju Committee : On Uttarakhand Floods
  • Damodran Committee : For improvement of customer services in banks
  • Dave Committee (2000) : For Pension Scheme For Unorganized Sector
  • Deepak Parekh committee : For Financing Infrastructure sector
  • Janakiraman Committee : To investigate the security transactions of the bank
  • JS Mathur committee : To revise Newspaper Advertisement Rates.
  • Justice A.P. Shah committee : To head panel on road safety
  • Kelkar Committee : For Tax Structure Reforms
  • Kirit Parikh panel : For fuel pricing. (it has suggested deregulation of diesel prices a rupee at a time)
  • K M Chandrasekhar committee : For rationalization of foreign investment norms
  • K. Ratna Prabha Committee : On indecent depiction of women in media
  • MBN Rao Committee : To prepare the blueprint of India’s first women’s bank
  • MB Shah committee : For inspection of illegal mining activities
  • Mckinsey Report : For Merger Of 7 Associate Banks With SBI
  • M. Narasimham Committee : For Banking Sector Reforms
  • Mukul Mudgal member panel : To probe IPL spot-fixing
  • Mukul Mudgal Committee : To look at process of film clearances
  • Nachiket Mor Committee : For comprehensive financial services for small businesses and low-income households.
  • Naresh Chandra committee : For 14 member task force on security issues
  • N Rangachary committee : To examine taxation policies for I.T. sector
  • N R Narayana Murthy committee : For evaluation of corporate sector participation in Higher Education.
  • Parthasarathi Shome. : For Tax Administration Reform Commission (TARC), Suggest a system to enforce better tax compliance
  • Parthasarathi Shome committee : For Implementation of GAAR (General Anti Avoidance Rule)
  • Percy Mistry Committee : For Making Mumbai An International Financial Center
  • Prasad Panel : For International Trade And Services
  • Pulak Kumar Sinha Committee : To study the feasibility of Aadhaar as an additional factor for authentication of card present transactions
  • Raghuram Rajan Committee : For Financial Sector Reforms
  • R V Gupta Committee : For Small Savings
  • Raja Chelliah Committee : For Tax Reforms
  • Rekhi Committee : For Indirect Taxes
  • RS Gujral Committee : To Suggest measures to boost MSME exports.
  • Sitakant Mahapatra committee : For inclusion of Bhojpuri language in eighth schedule of constitution
  • Shyamala Gopinath Committee : For Suggestions on Post office Small saving schemes
  • SK Srivastava Committee : To formulate a policy on public-private partnership model to raise coal output
  • S P Talwar Committee : For Restructuring Of Weak Public Sector Bank
  • SN Verma Committee (1999) : For Restructuring The Commercial Banks
  • Suma Verma Committee : To update, and revise the Banking Ombudsman Scheme, 2006
  • UK Sharma Committee : For NABARD’s Role In RRB
  • Urjit Patel Committee : To examine the current monetary policy framework
  • Vaghul Committee : For Money Market In India
  • Vasudev Committee : For NBFC (Non Banking Finance Corp) Sector Reforms
  • Y B Reddy Committee (2001) : For Review Of Income Tax

These are alot of names and mandates about important committees related to banking and finance, you will face difficulty in memorize all of them at once. Therefore, it is suggested that you bookmark this page and come back to it regularly to ensure that you remember these. You can tell us in comments below if you want us to add to this list. Thank you.

 

Study Material for UPSC IAS Prelims and Mains