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Story 118 Aug 2026· The Economic Times

Banking sector in strongest position to undertake reforms, high-level panel coming soon: FM Sitharaman

Finance Minister Nirmala Sitharaman stated India's banking sector is poised for reforms, backed by historically low non-performing assets. A High-Level Committee on Banking for Viksit Bharat will be established to align the sector with national growth ambitions, promising substantive inputs for the next phase of banking evolution.

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