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The Narasimham-II Committee was tasked with the progress review of the implementation of the banking reforms since 1992 with the aim of further strengthening the financial institutions of India. It focussed on issues like size of banks and capital adequacy ratio among other things. First Narasimhan Committee (Committee on the Financial System – CFS) was appointed by Manmohan Singh as India's Finance Minister on 14 August 1991, and the second one (Committee on Banking Sector Reforms) was appointed by P.Chidambaram as Finance Minister in December 1997. With amalgamation announcement, the government is moving closer to implementing the Narasimham Committee (1998) recommendation on structural reforms. The committee recommended the merger of Indian banks as it will have a "multiplier effect" on the economy. The Government of India has majority stakes in 21 public sector banks and owns more than two-thirds of banking assets in India. Having several government-owned Banks, doing the same business, and competing for same customers is not sensible. It also meant a lower return on the capital employed by the government which has competing demands for funds, and growing competition.
The volume and height of a cylinder are 2662 cm3 and 7 cm. Find the radius of the cylinder.
A rectangular hall has a length of 32 meters and a perimeter of 96 meters. If the entire hall is to be carpeted at a cost of Rs. ...
The weight of a cubic metre metal is 1215 kg. It is melted and cast into a square rod of 9m length. A solid cube of maximum size is taken out from one e...
On a rectangular wall of length 35 metres and height 30 metres, there is a window in the shape of triangle surmounted on a square. If the base of triang...
If the ratio of the heights of two cones is 3:2 and the diameters are in the ratio 5:6, what is the ratio of their volumes?
The lateral surface area of frustum of a right circular cone, if the area of its base is and the diameter of circular upper surface is 4 cm and slant he...
A square has an area of 289 cm². The rectangle's breadth is 20% more, and its length is 50% more than the square's side. What is the area ratio of the ...
If 35 grams of sugar is further added to a 20 percent sugar solution, the solution then becomes a 36 percent sugar solution. What was the initial quanti...
Find the area of sector of a circle whose radius is 21 cm and angle subtended by the sector at centre of circle is 45 ° .