https://www.taxtmi.com/news?id=69542 A High-Level Committee on Banking for Viksit Bharat will be set up to review the banking sector and recommend reforms to align with growth through 2047 while safeguarding financial stability, inclusion and consumer protection. The policy package includes a vision for NBFCs with credit and technology targets, a proposed restructuring of Power Finance Corporation and Rural Electrification Corporation to improve scale and efficiency, and a comprehensive review of the Foreign Exchange Management (Non-debt Instruments) Rules to modernize the foreign investment framework. en-us Sun, 01 Feb 2026 18:31:04 +0530 Sun, 01 Feb 2026 18:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69542 A High-Level Committee on Banking for Viksit Bharat will be set up to review the banking sector and recommend reforms to align with growth through 2047 while safeguarding financial stability, inclusion and consumer protection. The policy package includes a vision for NBFCs with credit and technology targets, a proposed restructuring of Power Finance Corporation and Rural Electrification Corporation to improve scale and efficiency, and a comprehensive review of the Foreign Exchange Management (Non-debt Instruments) Rules to modernize the foreign investment framework. News - Sun, 01 Feb 2026 18:31:04 +0530 https://www.taxtmi.com/news?id=69542