(i)

Shri K. R. Ramamurthy, Chairman, Vysya Bank Limited

(ii)

Shri M. M. Chitale, Chartered Accountant (former President, Institute of Chartered
Accountants of India)

(iii)

Shri P. K. Choudhury, Managing Director, Investment Credit Rating Agency

(iv)

Shri J. R. Prabhu, former Executive Director, Reserve Bank of India, and|

(v)

Dr. Sushil chandra, former Director, Indian Management Institute, New Delhi

The terms of reference of the Working Group are:

(a)

Criteria for identification of weak public sector banks;

(b)

To study and examine the problems of weak public sector banks;

(c)

To undertake a case by case examination of the weak public sector banks and to identify those which are potentially revivable;

(d)

To suggest a strategic plan of financial, organisational and operational restructuring for weak public sector banks.