Finance Minister Nirmala Sitharaman said the government will soon set up a high-powered committee to chart the banking sector's role in building a "Viksit Bharat", with the panel set to draw on ideas and research emerging from two days of intensive discussions with banking sector stakeholders. Calling India's banks well placed to undertake reforms with NPAs at their lowest levels, Sitharaman said the committee's recommendations would help determine the future direction of banking and enable the government to accelerate reforms and "rev up the Indian economy" over the next two decades.
The government will soon set up a high-powered committee to examine the banking sector's role in building a "Viksit Bharat", Finance Minister Nirmala Sitharaman said, with the panel expected to draw on material from two days of intensive banking reform discussions
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