List of Panels & Committees Associated with Banking and Finance Sector in India

»A committee or Panel consist of group of people appointed for a specific function by a larger group and typically consisting of members of that group.
»There have been large numbers of committees appointed to look after different issues faced by various sectors in India. Here in this post all important committees or panels have been listed. Most of the committees listed below are associated with banking and finance sectors which have been appointed to look after various challenges faced by these sectors.
»List also includes non banking and finance sectors committees


List of Panels or Committees on Banking and Finance reforms in India
Committee Name
Purpose
Anil Kaushal committee
To examine the recommendations made by the TRAI on pricing of Spectrum.
Arvind Mayaram Committee
For giving clear definitions to Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII)
Arvind Mayaram Panel
Report on the alleged irregularities at the National Spot Exchange Ltd (NSEL)
B. Sambamurthy
Panel favours single mobile banking app on all sims. Panel recommended that customers should not be required to visit the bank branch for mobile number registration.
Bimal Jalan panel
To scrutinize applications for new bank licenses.
Damodran Committee
On improvement of customer services in banks
Deepak Mohanty Committee
On Data and Information Management in the Reserve Bank of India
Justice A.P. Shah committee
To head panel on road safety
K M Chandrasekhar committee
For rationalization of foreign investment norms
K U.B. Rao
The idea of setting up Bullion Bank or Bullion Corporation of India, Recommended aligning gold import regulations 
K. K. Mehrotra Committee
To inquire gas leakage in Bhilai Steel Plant.
Kirit Parikh panel
On fuel pricing has suggested that the diesel prices should be increased by Rs.1-1.50 a litre every month as against the 45-50 paise monthly hike followed currently.
M.P. Bezbaruah
To suggest suitable remedial measures to address concerns regarding security of people from North East.
MBN Rao Committee
To prepare the blueprint of India’s first women’s bank
Mukul Mudgal
Member panel to probe IPL spotfixing,  Looking into US giant Walmart's lobbying activities to enter India
Nachiket Mor Committee
To permits nbfcs to work as Business Correspondents of banks.
Nachiket Mor
Committee on comprehensive financial services for small businesses and lowincome households.
P.J. Nayak
To review Governance of Boards of Banks in India. The committee was constituted under the chairmanship of P. J. Nayak. He is a former Chairman and CEO of Axis Bank.
Parthasarathi Shome
For Tax Administration Reform Commission (TARC), Suggest a system to enforce better tax compliance
Shri Raghuram Rajan Committee
On Financial Sector Reforms,
Shri K.U.B. Rao Committee
Recommended aligning gold import regulations
Shri M. Narasimham Committee
On Banking Sector Reforms
Shri Aditya Puri Committee
Dissemination of Credit Information
Shri B. Mahapatra Committee
To review the existing prudential guidelines on restructuring of advances by banks/financial institutions
Shri Pulak Kumar Sinha Committee
To study the feasibility of Aadhaar as an additional factor for authentication of card present transactions.
Suma Verma Committee
To update, and revise the Banking Ombudsman Scheme, 2006
Urjit Patel Committee
To examine the current monetary policy framework.
Vijay Kelkar Committee
Was appointed by the Petroleum and Natural Gas Ministry to prepare a road map to make India self-sufficient in oil and natural gas by 2030.
Vishnu Sahay committee
Look probe into the Muzaffarnagar communal violence.


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