Question
In order to intimate the second generation of financial
sector reforms a committee on Banking Sector Reforms?Solution
In order to intimate the second generation of financial sector reforms a committee on Banking Sector Reforms was formed in 1998 again under the chairmanship of M.Narasimham. The committee was submitted its report on 23rd April 1998 by the finance minister of Government of India. These mainly concentrate on strengthening the foundation of the banking system by structure, technological upgradation and human resource development.
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