Union Finance Minister Nirmala Sitharaman and others throughout the inaugural session of the two-day ‘PSB Confluence’ (PSB Manthan) ideation conclave organized by the Division of Monetary Companies (DFS), in New Delhi
| Photograph Credit score: PTI
Finance Minister Nirmala Sitharaman on Monday (August 17, 2026) mentioned the federal government would quickly represent a high-level panel on ‘Banking for Viksit Bharat’.
On this yr’s Finances, the Finance Minister had proposed a high-level committee on ‘Banking for Viksit Bharat’, to comprehensively assessment the sector and align it with India’s subsequent section of development.
Addressing the two-day PSB Confluence, Ms. Sitharaman mentioned, “We anticipate the announcement of the high-powered committee to look into the banking sector. Quickly the committee can be introduced.” She mentioned the committee would give its ideas and suggestions to the federal government.
“I suggest organising a ‘Excessive Degree Committee on Banking for Viksit Bharat’ to comprehensively assessment the sector and align it with India’s subsequent section of development, whereas safeguarding monetary stability, inclusion and shopper safety,” she had mentioned within the Finances speech on February 1, 2026.
Printed – August 17, 2026 02:14 pm IST
