The Narasimham Committee was appointed in the 1990s to make recommendations on banking sector reforms. Banking sector reforms in the 1990s were mainly based on Nrasimham’s recommendations. Narasimham chaired two committees; the first was in 1991, which was called the Committee on Financial Sector and the second, Committee on Financial Sector Reforms (1997). Though the committee was given the responsibility to make recommendations for the entire financial system, its main focus was the banking sector.
