Source Book, Not Policy Guide A C Shah Report of the Banking Commission, Government of India, 1972; pp xvi
THE report of the Banking Commission is a formidable piece of work. It undoubtedly bears the stamp of hard labour spread over nearly three years. In view of its comprehensive coverage of issues, the report will constitute for many years to come the mast important basis for policy formulation affecting the growth and diversification of Indian banking. This underscores the need for an informed public debate on the major recommendations of the Commission.