Thursday, 16 September 2010
Narasimham Committee Report 1991 1998 - Recommendations
Posted on 09:42 by Unknown
Problems Identified By The Narasimham CommitteeDirected Investment Programme : The committee objected to the system of maintaining high liquid assets by commercial banks in the form of cash, gold and unencumbered government securities. It is also known as the statutory liquidity Ratio (SLR). In those days, in India, the SLR was as high as 38.5 percent. According to the M. Narasimham's Committee
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