Economics · Banking Sector Reforms
The Narasimham Committee-II (1998) on Banking Sector Reforms is primarily associated with which recommendation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Establishing Lok Adalats for bank loan recovery
- 2Merging weak banks and raising Capital Adequacy Ratio (CAR) to 10%✓
- 3Reduction of SLR to 25% and CRR to 3% immediately
- 4Abolition of Branch Licensing Policy for private banks
Correct answer
Merging weak banks and raising Capital Adequacy Ratio (CAR) to 10%
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