HC Deb 08 December 1927 vol 211 cc1581-2W

asked the Under-Secretary of State for India whether any action has been taken by the Government on the resolution adopted by the Indian Legislative Assembly at the Delhi session asking for the appointment of a Commission or Committee, with a majority of Indian members and an Indian chairman, to investigate the present position of banking institutions in India and the facilities afforded, and to make recommendations regarding the extension of such facilities; and whether the whole question of indigenous banking and credit, including the operations of shroffs and the establishment of land mortgage banks, will fall within the terms of reference of the proposed inquiry?


As regards the attitude of the Government of India towards the proposed Commission, I would refer the hon. Member to the Report of the debate in the Legislative Assembly of 25th August last, a copy of which is to be found in the Library.