https://www.taxtmi.com/news?id=71238 No roadmap exists for public sector bank mergers; the Budget proposes a High-Level Committee on Banking for Viksit Bharat to review the sector and explore creation of mega-lenders while safeguarding financial stability, inclusion and consumer protection. The Budget also proposes restructuring select public sector NBFCs to improve scale and efficiency. The central bank states banks are adequately capitalised to sustain credit growth and notes rising gross FDI alongside moderated net FDI due to repatriations and increased outward investment. en-us Mon, 23 Feb 2026 20:01:02 +0530 Mon, 23 Feb 2026 20:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71238 No roadmap exists for public sector bank mergers; the Budget proposes a High-Level Committee on Banking for Viksit Bharat to review the sector and explore creation of mega-lenders while safeguarding financial stability, inclusion and consumer protection. The Budget also proposes restructuring select public sector NBFCs to improve scale and efficiency. The central bank states banks are adequately capitalised to sustain credit growth and notes rising gross FDI alongside moderated net FDI due to repatriations and increased outward investment. News - Mon, 23 Feb 2026 20:01:02 +0530 https://www.taxtmi.com/news?id=71238