High-Level Committee to review banking norms and ratios
after close1 source ↓written by the desknot a recommendation
A proposed High-Level Committee on Banking aims to review reserve ratio requirements and bank licensing norms. This initiative, announced by Finance Minister Nirmala Sitharaman, seeks to enhance India's credit-to-GDP ratio and support small finance banks and NBFCs. The committee's terms of reference will be revealed soon, potentially impacting banking regulations and financial stability.
• Focus on financial inclusion
• Review of CRR and SLR
• Implications for small finance banks and NBFCs
Not investment advice. For informational purposes only.