Modern Review October 1931

One has merely to visit the portion of Mysore City lying in the vicinity of the Palace or the parts of Bangalore City surrounding the Dewan's residence the Public Offices and the Bangalore Palace to see what officials in this State are able to do in the way of town-planning if they wish to exert themselves in that direction. [...] WITH the publication of the Report of the Indian Central Banking Enquiry Committee on the 16th September a mine of information about the present position and requirements of the credit structure in India was made available and the attention of the country was once more drawn to the supreme importance of strengthening and organizing our credit institutions as the preliminary step towards economic [...] The findings of the Provincial Banking Enquiry Committees received due consideration in the preparation of the Central Committee's Report and a summary of the provincial recommendations is appended to Volume 1 Part 1 of the Report One interesting feature of the Report is that in order to have the discussions on the basis of a common angle of vision the Committee agreed that the fundamental basis [...] 1183 attention of the Committee namely the control of the operations of the non-Indian exchange banks operating now and the problem of restricting the opening of their i branches in the interior. [...] Regarding the restricting of the operations of the exchange banks to the port towns only the Committee appear to be unanimous although there is some difference of opinion as to what should be done with respect to the few existing branches of exchange banks in up-country as well as the Allahabad Bank whose control has virtually gone to the hands of one of the non-Indian exchange banks.