Introduction: As the real sector reforms began in 1992, the need was felt to
restructure the Indian banking industry. The reform measures necessitated the
deregulation of the financial sector, particularly the banking sector. The initiation
of the financial sector reforms brought about a paradigm shift in the banking
industry. In 1991, the RBI had proposed to form the committee chaired by M. Narasimham,
former RBI Governor in order to review the Financial System viz. aspects relating
to the Structure, Organisations and Functioning of the financial system. The Narasimham
Committee report, submitted to the then finance minister, Manmohan Singh, on the
banking sector reforms highlighted the weaknesses in the Indian banking system
and suggested reform measures based on the Basle norms. The guidelines that were
issued subsequently laid the foundation for the reformation of Indian banking
sector.
Number of Pages of Project Report: 30
Package Includes: Project Report
Project Format: Document (.doc)
Table of Contents of Project Report:
1. History of Banking
- Phases
-- Phase 1
-- Phase 2
-- Phase 3
2. Introduction to the Topic
3. India’s Pre-Reform Period
4. Diversification of Banking Activities
5. Banking Sector after Reforms
6. New Initiatives Taken By PSBs
7. Conclusion
8. Bibliography
