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committee submitted its report in 1991. This committee was submitted its report with several recommendations in this regard. 13) Narasimham Committee. Narasimham Committee Report I - 1991 · 1. Reduction in the SLR and CRR : The committee recommended the · 2. Phasing out Directed Credit Programme : In India,The Narasimham committee (1991) assumed that the financial resources of the commercial banks from the general public and were by the banks in trust and that M.NARASIMHAM COMMITTEE Introduction: From the 1991 India economic crisis to its status M naraSIMHAM COMMITEE ON FINANCIAL AND BANKING SECTOR REFORM pdf. The aim of this paper is to study the rate of NPAs in the economy before 1991 in comparison with after 1991 scenario. This is to understand how structurally the They submitted their recommendations in the 1990s in reports widely known as the Narasimham Committee-I (1991) report and the Narasimham Committee-II (1998) Committee on Banking Sector Reforms (Narasimham Committee II) - Action taken on the recommendations. Recommendation. Action Taken. expert committees appointed by the monetary authority viz., Narasimham Committee-I (1991) and Narasimham Committee-II (1998). The underlying principle of