The Madras Provincial Banking Enquiry Committee - Report

The proposal was to set up a Central Committee and a number of Provincial Committees and to arrive at a clear definition of the scope of enquiry by the Provincial Committee the following analysis of the subjects to be covered by the enquiry as a whole was arrived at :— (i) The regulation of banking with the object of protecting depositors and thereby increasing confidence in the banking system ; [...] 4. These proposals were in general agreed to and a press comunique was issued on 12th June 1929 stating that the objects of the enquiry were the investigation of existing conditions of banking and the consideration of what steps if any are feasible and desirable under the following headings :— (a) The regulation of banking with a view to protecting the interests of the public; (b) The develop [...] The south-west monsoon rarely fails on the West Coast and on the tops of the Western Ghauts the Nilgiris and the Travancore Hills but these hills shelter the rest of the Presidency from the full force of this monsoon. [...] Throughout the Presidency except on the West Coast the principal tenure is the ryotwari under which the ryot holds the land direct from the Government subject only to the payment of kists. [...] The value of the crop is the main factor in determining the value of the land the ratio of the one to the other depending mainly on the certainty of the crops and as an investment it may be taken that wet lands in the delta yield to 5 to 6 per cent on the sum Invested.