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

Written by: WOWLY- Your AI Agent

Updated: February 03, 2026 11:40

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.

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