Question

which is associated with reforms in the banking sector in India!!​

Answer 1

Explanation:

Banking sector reforms were initiated by implementing prudential norms consisting of Capital Adequacy Ratio (CAR). The core of such reforms has been the broadening of prudential norms to the internationally accepted standards. ... The reason is that a bank's capital base is vitally important for its long-term variability.

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Answer 2

Narasimham Committee-I and Narasimham Committee-II are associated with reforms in the banking sector in India.

What is Narasimham I and Narasimham II committee?

• Narasimham I and Narasimham II were established in 1991 and 1998.
• These committees are associated with the financial system of India and introduced many reforms related to the banking sector.
• The core purpose of these committees was to improve the banking system by making it more efficient and competitive.