Finance Minister Nirmala Sitharaman says a high-powered committee on banking for “Viksit Bharat” will be announced within this month. She links the committee to a broader effort to guide changes in the banking sector and influence how public sector banks operate.
Sitharaman adds that after the committee’s report is published, public sector banks (PSBs) will be expected to adjust their strategies and move decisively in line with the recommendations. The reports focus on the timeline for announcing the committee and the intended follow-through once the findings are released.
Across the available coverage, the emphasis is on the government’s plan for a committee-led review process and the expectation that PSBs implement its recommendations. Details on the committee’s composition, scope, and specific measures are not provided in the supplied excerpts, and there is no competing angle in these sources.
