About: Narasimham Committee

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From the 1991 India economic crisis to its status of third largest economy in the world by 2011, India has grown significantly in terms of economic development, so has its banking sector. During this period, recognizing the evolving needs of the sector, the Finance Ministry of the Government of India set up various committees with the task of analyzing India's banking sector and recommending legislation and regulations to make it more effective, competitive and efficient.

Attributes	Values
rdf:type	Thing
rdfs:label	Narasimham Committee (en)
rdfs:comment	From the 1991 India economic crisis to its status of third largest economy in the world by 2011, India has grown significantly in terms of economic development, so has its banking sector. During this period, recognizing the evolving needs of the sector, the Finance Ministry of the Government of India set up various committees with the task of analyzing India's banking sector and recommending legislation and regulations to make it more effective, competitive and efficient. (en)
dcterms:subject	1998 in India Economic history of India (1947–present) History of banking Financial history of India Banking in India Government agencies of India
Wikipage page ID	30885611 (xsd:integer)
Wikipage revision ID	1091864358 (xsd:integer)
Link from a Wikipage to another Wikipage	List of countries by GDP (PPP) Non-performing asset Bimal Jalan Reserve Bank of India 1998 in India Economic history of India (1947–present) History of banking Government of India M. Narasimham State Bank of India Trade union Economy of India Finance Minister Financial crisis of 2007–2008 Banking in India Financial history of India Parliament of India Capital adequacy ratio Dirigisme Banking in India International Monetary Fund 1991 India economic crisis Government agencies of India Economic liberalisation in India Small and medium enterprises Manmohan Singh Minister of Finance (India) National Bank for Agriculture and Rural Development National Housing Bank Yashwant Sinha Liquidity Adjustment Facility Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Universal bank Public-sector undertaking P.Chidambaram 2008 financial crisis Banking system Planning Commission of India
sameAs	Narasimham Committee Narasimham Committee Narasimham Committee
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has abstract	From the 1991 India economic crisis to its status of third largest economy in the world by 2011, India has grown significantly in terms of economic development, so has its banking sector. During this period, recognizing the evolving needs of the sector, the Finance Ministry of the Government of India set up various committees with the task of analyzing India's banking sector and recommending legislation and regulations to make it more effective, competitive and efficient. Two such expert Committees were set up under the chairmanship of Maidavolu Narasimham. They submitted their recommendations in the 1990s in reports widely known as the Narasimham Committee-I (1991) report and the Narasimham Committee-II (1998) Report. These recommendations not only helped unleash the potential of banking in India, they are also recognized as a factor towards minimizing the impact of global financial crisis starting in 2007. Unlike the dirigist era up until the mid-1980s, India is no longer insulated from the global economy. The banks in India survived the 2008 financial crisis relatively unscathed, a feat due in part to these Narasimham Committees. (en)
prov:wasDerivedFrom	wikipedia-en:Narasimham_Committee?oldid=1091864358&ns=0
page length (characters) of wiki page	22993 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Narasimham_Committee
is Link from a Wikipage to another Wikipage of	List of Indian parliamentary committees Narasimham Committee on Banking Sector Reforms Narasimham Committee on Banking Sector Reforms (1998)
is Wikipage redirect of	Narasimham Committee on Banking Sector Reforms Narasimham Committee on Banking Sector Reforms (1998)
is foaf:primaryTopic of	wikipedia-en:Narasimham_Committee

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