Which Committee Had Suggested the Establishment of Payment Banks and Small Finance Banks
Which Committee’s Recommendation Proposed the Establishment of Payments and Small Finance Bank? Nachiket Mor Committee Recommendations The Nachiket Mor Committee was formed by the Reserve Bank of India (RBI) in 2013 to suggest measures to improve access to finance for low- and middle-class people. Following the committee’s recommendations, the RBI created two types of new banks: … Read more