List of Commissions in India and their heads
Please remember and learn from this list of Important Committees in India after independence related to Banking Industry.
| # | Committees/Commissions in India and their Heads | Committee Purpose |
| 1. | Malhotra Committee | To lay down a road map for privatisation of the life insurance sector. |
| 2. | Janaki Ram Committee | To Enquire into Securities Transactions of Banks and Financial Institutions. |
| 3. | Chakravarty Committee | To assess the functioning of the Indian Monetary system. |
| 4. | Narasimham Committee | To analyzing India’s banking sector and recommending legislation and regulations to make it more effective, competitive and efficient. |
| 5. | S Padmanabhan Committee | For Review of Supervisory Processes for Commercial Banks. |
| 6. | G Padmanabhan Committee | Implementation of Bharat Bill Payment System (BBPS). |
| 7. | Nachiket Mor Committee | To Implement Comprehensive Financial Services for Small Businesses and Low Income Households. Also, to permit Non-Banking Financial Company (NBFC) to work as Business correspondents for Banks. |
| 8. | B. Sambamurthy Committee | To examine the options/alternatives including the feasibility of using encrypted SMS based funds transfer using an application that can run on any type of handset for expansion of mobile banking in the country. |
| 9. | Bimal Jalan panel | To scrutinize applications for new bank licenses. |
| 10. | K.U.B.Rao Committee | To Study the Issues Related to Gold Imports and Gold Loans NBFCs in India.
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| 11. | Arvind Mayaram Committee | For rationalizing the definition of Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII). |
| 12. | Suma Varma Committee | To Review Banking Ombudsman Scheme. |
| 13. | Vaidyanathan Committee | Task force for the revival of co-operative rural credit structure. |
| 14. | N.H. Siddiqui Committee | For furnishing of credit information by credit institutions to the Credit Information Companies in respect of different sectors. |
| 15. | Ramachandran Committee | The Advisory Committee on Ways and Means Advances to State Governments. |
| 16. | YV Reddy Committee | Reforms In Small Savings;
To Review the System of Administered Interest Rates and Other Related Issues. |
| 17. | The Standing Committee on International Financial Standards and Code(YV Reddy) | For evolving sound standards based on recognised best practices and for adopting transparency while adhering to the codes. |
| 18. | Raghuram Rajan Committee | For Evolving a Composite Development Index of States. |
| 19. | Ashok Ganguly Committee | To rationalize corporate governance norms for bank boards. Working Group on Flow of Credit to SSI Sector. |
| 20. | K.M Chandrasekhar Committee | For Rationalisation of Investment Routes and Monitoring of Foreign Portfolio Investments. |
| 21. | Urjit Patel Committee | To Revise and Strengthen the Monetary Policy Framework. |
| 22. | Jilani Committee | A Review on internal controls and inspection / audit systems in banks (1995) identified key risks associated with IT systems. |
| 23. | A Ghosh Committee | High level Committee on fraud and malpractice in banks. |
| 24. | MBN Rao Committee | A Blue print for the Proposed India’s first Women’s Public Sector Bank. |
| 25. | Shri Pulak Kumar Sinha Committee | To study the feasibility of Aadhaar as an additional factor for authentication of card present transactions. |
| 26. | Shri Aditya Puri Committee | Dissemination of Credit Information |
| 27. | B. Mahapatra Committee | to review the existing prudential guidelines on restructuring of advances by banks/financial institutions |
| 28. | Ratan P Watal Committee | To suggest steps to promote card payments with an aim to discourage cash transactions. |
| 29. | Sudarshan Sen Committee | To study the regulatory issues relating to Financial Technology and Digital Banking in India. |
| 30. | Dinesh Sharma Committee | To study the existing framework for virtual currencies such as bitcoin. |
| 31. | R.H. Khan Committee | Harmonization of the Role of Financial Institution in Banks. |
| 32. | A K Khandelwal | HR Issues of Public Sector Banks. |
| 33. | Vipin Malik Committee | Consolidated Accounting by banks |
| 34. | James Raj Committee | Functioning Of Public Sector Banks |
| 35. | AK Bhuchar Committee | Coordination Between Term Lending Institutions And Commercial Banks. |
| 36. | Bhide Committee | Coordination between commercial banks and SFC’s. |
| 37. | Nadkarni Committee | Improved Procedures For transactions in PSU Bonds And Units |
| 38. | M L Dantwala Committee | To Boost Regional Rural Banks. |
| 39. | Tandon Committee | To examine the existing methods of lending and suggest changes of Bank Credit. |
| 40. | P J Nayak Committee | To review Governance of Boards of Banks in India |
| 41. | Deepak Mohanty Committee | Medium-term Path on Financial Inclusion |
| 42. | Kamath Committee | Education Loan Scheme |
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