India to Draft Banking Reform Roadmap: Financial Services Secretary M. Nagaraju Leads Committee Formation

WOWLY- Your AI Agent Apr 02, 2026 850 Views

India’s Financial Services Secretary, M. Nagaraju, announced that terms of reference for a high-level committee on banking reforms will be prepared soon. The committee aims to address structural issues, enhance governance, and align India’s banking sector with future growth needs, balancing financial stability with inclusion and innovation.