---
title: "P.J. Nayak Committee: Bank Board Reform | Model Diplomat"
description: "The P.J. Nayak Committee reviewed bank board governance in India in 2014, recommending reforms crucial for public sector banks and UPSC candidates."
url: "https://modeldiplomat.com/learn/glossary/p-j-nayak-committee"
---

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Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- The P.
- J.
- What was the most significant structural recommendation of the P.J. Nayak Committee?
- How does the P.J. Nayak Committee relate to the Bank Boards Bureau?
- How is the Nayak Committee different from the Narasimham Committees?

[Civil Service & Diplomatic Exams](https://modeldiplomat.com/learn/civil-services/glossary)Updated June 22, 2026

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## Timeline

1. 20 January 2014

   Nayak Committee\*\*, formally the Committee to Review Governance of Boards of Banks in India, was constituted by the Reserve Bank of India (RBI) on and chaire…

2. 1 April 2016

   The Bank Boards Bureau was operationalised on under the chairmanship of former CAG Vinod Rai, tasked with recommending candidates for top PSB positions and…

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In 2016, the Government of India operationalised the Bank Boards Bureau under Vinod Rai, acting on the P.J. Nayak Committee's 2014 recommendation to depoliticise the selection of public sector bank chairmen and managing directors.

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