31-October-2026
Banking
 
Govt sets stage for major banking overhaul
31-Oct-2026

The government on Friday constituted the High-Level Committee on Banking for Viksit Bharat, headed by former banker and Central Vigilance Commissioner Suresh N. Patel, with broad terms of reference (ToR) aimed at undertaking comprehensive reforms in the banking sector. The Committee will review India’s banking sector and recommend structural, institutional, regulatory and legislative reforms to make it globally competitive, financially inclusive and resilient for Viksit Bharat 2047.

News Source:- https://www.financialexpress.com/business/banking-finance/govt-sets-stage-for-major-banking-overhaul/4373539/?ref=morelatest_hp