{
  "id": 17263869,
  "title": "Banking For Viksit Bharat: Govt Panel To Review Regulations, Capital Needs & Digital Innovation",
  "url": "https://urgent.news/2026/10/30/banking-for-viksit-bharat-govt-panel-to-review-regulations-capital",
  "topic": "world",
  "section": "World",
  "published": "2026-10-30T17:36:08.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/banking-for-viksit-bharat-govt-panel-to-review-regulations-capital-needs-digital-innovation"
  },
  "original_language": "en",
  "account": "New Delhi, October 30: The Indian government has formed a high-level committee named \"Banking for Viksit Bharat\" to examine and reform the nation's banking sector. The committee, chaired by former Central Vigilance Commissioner Suresh N. Patel, will include key figures such as RBI Deputy Governor Shirish Chandra Murmu, former Indian Bank MD & CEO Padmaja Chunduru, and former RBI Deputy Governor N S Vishwanathan. Joint Secretary (Banking) in the Department of Financial Services will act as the member secretary. The committee is tasked with conducting a comprehensive review of India's banking practices, regulatory landscape, capital needs, and digital innovation to make the sector globally competitive, financially inclusive, and resilient by 2047.",
  "summary": "New Delhi, Oct 30: The Centre has constituted a high-level committee on Banking for Viksit Bharat to undertake a review of India’s banking sector and recommend structural, institutional, regulatory and legislative reforms necessary to make it globally competitive, financially inclusive and resilient for Viksit Bharat, 2047, according to a Finance Ministry statement issued on Friday. The committee…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}