Banking sector budget 2026: Nirmala Sitharaman announces ‘Banking for Viksit Bharat’ panel

Union finance minister Nirmala Sitharaman announced measures to bolster India's financial sector, including a high-level committee to review banking for Viksit Bharat. The sector shows improved health with strong balance sheets and high profitability. Reforms also target NBFCs and aim to deepen the corporate bond market.

Banking sector budget 2026: Nirmala Sitharaman announces ‘Banking for Viksit Bharat’ panel
Union finance minister Nirmala Sitharaman announced measures to bolster India's financial sector, including a high-level committee to review banking for Viksit Bharat. The sector shows improved health with strong balance sheets and high profitability. Reforms also target NBFCs and aim to deepen the corporate bond market.