Which committee recommended to permit RRBs to invest Non-SLR surplus funds in profitable areas?

Answer 1

Misra committee 1995 recommended the non SLR surplus to be invested in profitable areas.

Answer 2

The Malegam Committee recommended allowing Regional Rural Banks (RRBs) to invest their Non-SLR surplus funds in profitable areas. The committee suggested this as a way to enhance the financial sustainability and profitability of RRBs.