SOME RECENT WORKING GROUPS & COMMITTEES BY RBI
[1] Working Group on Benchmark Prime Lending Rate (BPLR): Deepak Mohanty
[2] Working Group on Savings for the Eleventh Five Year Plan (2007-08 to 2011-12): Dr.Rakesh Mohan
[3] Task Force on Revival of Co-operative Credit Institutions: Prof.A.Vaidyanathan
[4] Advisory Committee to Advise on the Administered Interest
Rates and Rationalisation of Saving Instruments: Dr.Rakesh Mohan
[5] Working Group on Flow of Credit to SSI Sector: Dr.A.S.Ganguly
Advisory Committee on Ways and Means Advances to State
Governments: Shri C.Ramachandran
[6] The Standing Committee on International Financial Standards
and Codes: Dr.Y.V.Reddy
[7] Working Group for setting up Credit Information Bureau in Shri N.H.Siddiqui
[8] India: New Monetary Aggregates: Dr. Y.V. Reddy
[9] Usha Thorat Committee : Rules for NBFC.
[10] Nachiket Mor Committe : Regarding Financial inclusion (6th such committee to be asked to go in to how effective financial services are) Mor Committee has to consider the financial inclusion of low income households in adition to focusing on small bussiness.
[11] Raghuram Rajan Committee :Recomendation on development index
[12] Dr. Urjit Patel Committee :Report on Monetary Policy Frame Work
[13] Expert Committee:Headed by former RBI governor Bimal Jalan
Other Members : C.B. Bhave, Nachiket Mor and Usha Thorat
-Shortlisted Promoted would have to first setup a non-operative financial holding companies (NOFDC) for holding the new bank and other regulated financial services entities.
[1] Working Group on Benchmark Prime Lending Rate (BPLR): Deepak Mohanty
[2] Working Group on Savings for the Eleventh Five Year Plan (2007-08 to 2011-12): Dr.Rakesh Mohan
[3] Task Force on Revival of Co-operative Credit Institutions: Prof.A.Vaidyanathan
[4] Advisory Committee to Advise on the Administered Interest
Rates and Rationalisation of Saving Instruments: Dr.Rakesh Mohan
[5] Working Group on Flow of Credit to SSI Sector: Dr.A.S.Ganguly
Advisory Committee on Ways and Means Advances to State
Governments: Shri C.Ramachandran
[6] The Standing Committee on International Financial Standards
and Codes: Dr.Y.V.Reddy
[7] Working Group for setting up Credit Information Bureau in Shri N.H.Siddiqui
[8] India: New Monetary Aggregates: Dr. Y.V. Reddy
[9] Usha Thorat Committee : Rules for NBFC.
[10] Nachiket Mor Committe : Regarding Financial inclusion (6th such committee to be asked to go in to how effective financial services are) Mor Committee has to consider the financial inclusion of low income households in adition to focusing on small bussiness.
[11] Raghuram Rajan Committee :Recomendation on development index
[12] Dr. Urjit Patel Committee :Report on Monetary Policy Frame Work
[13] Expert Committee:Headed by former RBI governor Bimal Jalan
Other Members : C.B. Bhave, Nachiket Mor and Usha Thorat
-Shortlisted Promoted would have to first setup a non-operative financial holding companies (NOFDC) for holding the new bank and other regulated financial services entities.
The revival of NBFCs marks a significant shift in the financial sector, reflecting their resilience and adaptability. As key drivers of economic growth, their recovery is crucial for extending credit access to underserved segments. Government reforms and digital transformation have played pivotal roles in strengthening the sector. However, ensuring robust risk management and regulatory compliance remains critical to sustain this momentum. It's encouraging to see NBFCs reestablish themselves as indispensable contributors to financial inclusion and economic development.
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