In our series of sharing useful study notes for upcoming exams of bank promotions, we hereby are providing a table that lists Some of the Important Committees of the Bank which had proposed reforms in the sector of banking.

If you are preparing for your bank promotion Exam this year (2024) then this list of committee is just for you!! You will be aware of Banking Awareness Committee list after reading this post, then you will have covered a good part of the banking section in your banking exams.


No. Reforms in relation to: Committee which proposed the reform:
1 NBFC A C Shah Committee
2 Final Accounts A Ghosh Committee
3 Modalities Of Implementation Of New 20 Point Programme A Ghosh Committee
4 Frauds & Malpractices In Banks A Ghosh Committee
5 Development Of Capital Markets AbidHussain Committee
6 Changes In NI Act And Stamp Act Adhyarjuna Committee
7 Coordination Between Term Lending Institutions And Commercial Banks. AK Bhuchar Committee
8 Insolvency And Wind Up Laws B Eradi Committee
9 Institutional Credit For Agricultural & Rural Development B Sivaraman Committee
10 All India Rural Credit Review B Venkatappaiah Committee
11 Stock Lending Scheme BD Shah Committee
12 Job Criteria In Bank Loans (Approach) BD Thakar Committee
13 Unemployment Bhagwati Committee
14 Public Welfare Bhagwati Committee
15 Share Transfer Reforms Bhave Committee
16 Coordination Between Commercial Banks And SFC’s Bhide Committee
17 Wage, Income & Prices. Bhootlingam Committee
18 Agricultural Policy C Rao Committee
19 Multi Agency Approach In Agricultural Finance CE Kamath Committee
20 Finance To Small Scale Industry Chatalier Committee
21 Direct Taxes Chesi Committee
22 Capital Adequacy Of Banks. Cook committee (On Behalf Of BIS – Under Basel Committee)
23 Review Progress And Recommend Improvement Measures Of IRDP D R Mehta Committee
24 MICR Damle Committee
25 Regional Imbalances Dandekar Committee
26 Estimation Of Employments Dantwala Committee
27 Mutual Funds (Functioning) Dave Committee
28 Public Distribution System Dharia Committee
29 Agricultural Finance DR Gadgil Committee
30 Industrial Licensing. Dutta Committee
31 Extension Of Credit Limits On Basis Of Consortium G Lakshmai Narayan Committee
32 Export Credit G Sundaram Committee
33 Lead Banking System Gadgil Committee (1969)
34 Rural Finance Godwala Committee
35 Customer Service In Banks Goiporia Committee
36 Credit Requirements Of Leasing Industry GS Dahotre Committee
37 Carry Forward System On Stock Exchanges. GS Patel Committee
38 Soiled Banknotes Hathi Committee
39 Industrial Policy. Hazari Committee (1967)
40 Working Capital Finance In Banks. IT Vaz Committee
41 Reforms In Insurance Sector J Reddy Committee
42 Functioning Of Public Sector Banks James Raj Committee
43 Securities Transactions Of Banks & Financial Institutions. Jankiramanan Committee
44 Consortium Advances. JV Shetty Committee
45 Urban Cooperative Banks K Madhav Das Committee
46 Introduction Of Factoring Services In India Kalyansundaram Committee
47 Education Loan Scheme Kamath Committee
48 Small Scale Industry Karve Committee
49 To Review The Symbol Of Cash Credit Q KB Chore Committee
50 Non Performing Assets Khanna Committee
51 Agricultural Credit Khusrau Committee
52 Role Of Banks In Priority Sector And 20 Point Economic Programme. KS Krishnaswamy Committee
53 Indirect Taxes L K Jha Committee
54 Financial Derivatives. LC Gupta Committee
55 Single Window System Mahadevan Committee
56 Income Distribution Mahalanobis Committee
57 Licensing Of New Banks Marathe Committee
58 Regional Rural Banks ML Dantwala Committee
59 Electronic Fund Transfer. Mrs. KS Shere Committee
60 Improved Procedures For Transactions In PSU Bonds And Units Nadkarni Committee
61 Branch Expansion Programme Nariman Committee
62 Financial System. Narsimham Committee
63 Industrial Sickness And Corporate Restructuring. Omkar Goswami Committee
64 Institutional Credit To SSI Sector P R Nayak Committee
65 Non Performing Assets Of Banks P Selvam Committee
66 Productivity, Operational Efficiency & Profitability Of Banks PC Luther Committee
67 Service Area Approach PD Ojha Committee
68 Review The System Of Inspection Of Commercial, RRB And Urban Cooperative Banks Penderkar Committee
69 Pay Scales Of Bank Officers Pillai Committee
70 Export Strategy PL Tandon Committee
71 Develop Appropriate Supervisory Framework For NBFC PR Khanna Committee
72 Agricultural Finance And Cooperative Societies. Purshottam Das Committee
73 Inspection System Of Banks R Jilani Banks
74 Agricultural Finance And Cooperative Societies R S Saria Committee
75 Competition Law Raghavan Committee
76 Tax Reforms Raja Chelliah Committee
77 Centre – State Fiscal Relationships Rajamannar Committee
78 Changes In Banking Laws , Bouncing Of ChequesEtc Rajamannar Committee
79 Petro Chemical Sector Rakesh Mohan Committee
80 Securities Scam Ram Niwas Mirdha Committee (JPC)
81 Computerization Of Banking Industry Rangrajan Committee
82 Public Sector Disinvestment Rangrajan Committee
83 Cash Credit System Rashid Jilani Committee
84 Industrial Sickness Ray Committee
85 Banking Commission RG Saraiya Committee (1972)
86 Harmonization Of Banks And Ssis RH Khan Committee
87 Differential Interest Rates Scheme RK Hajare Committee
88 Customer Service RK Talwar Committee
89 Enactment Having A Bearing On Agro Landings By Commercial Banks RK Talwar Committee
90 Reforms In Insurance Sector RN Malhotra Committee
91 Cooperative Societies RN Mirdha Committee
92 Agricultural Credit Delivery. RV Gupta Committee
93 Onsite Supervision Function Of Banks S Padmanabhan Committee
94 Inspection Of Banks (By RBI) S Padmanabhan Committee
95 Rural Credit Samal Committee
96 Direct Tax Law SC Choksi Committee
97 Agricultural Marketing Shankar LalGauri Committee
98 Role Of NGO And SHG In Credit SK Kalia Committee
99 Institutional Credit To SSI SL Kapoor Committee
100 Foreign Exchange Markets In NRI Investment In India Sodhani Committee
101 Rehabilitation Of Sick Industrial Units SS Kohli Committee
102 Rationalization Of Staff Strength In Banks SS Kohli Committee
103 Willful Defaulters SS Kohli Committee
104 Trading In Public Sector Banks SS Nadkarni Committee
105 Capital Account Convertibility SS Tarapore Committee
106 To Review The Working Of Monetary System Sukhmoy Chakravarty Committee
107 Term Loans To SSI Tambe Committee
108 Follow Up Of Bank Credit Tandon Committee
109 Industrial Sickness Tandon Committee
110 Credit Schemes To Self Employed Thakkar Committee
111 Restructuring Of RRB Thingalaya Committee
112 Rehabilitation Of Sick Industrial Undertakings. Tiwari Committee
113 Lead Bank Scheme (Review) UK Sharma Committee
114 Financial Inclusion. Usha Thorat Panel
115 Mutual Fund Scheme Vaghul Committee
116 Revised Methods For Loans (>2 Lakhs) Varshney Committee
117 Review Of Rural Financing System Venketaiya Committee
118 Consolidated Accounting By Banks Vipin Malik Committee
119 To Study Credit Needs Of Industry And Trade Likely To Be Inflated VT Dehejia Committee
120 Rural Credit. Vyas Committee
121 Direct Taxes Wanchoo Committee
122 Technology Issues in Banking Industry. WS Saraf Committee
123 Disclosure Norms For Public Issues Y H Malegam Committee
124 Reforms in Small Savings. YV Reddy Committee
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