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India Banking Reforms
The Indian government is likely to set up a high-level committee before the monsoon session to overlook banking reforms in the country. The committee's terms of reference have been finalised and are awaiting the government's approval, which is expected to happen soon, as reported by Karishma Asoodani, Business Today.
The Indian government is taking steps to reform the banking sector. Key points of the reforms include:
- Setting up a high-level committee to overlook the reforms
- The committee's terms of reference have been finalised and are awaiting the government's approval
- The reforms aim to improve the overall banking system in the country.
The government's decision to set up a high-level committee is a significant step towards *reforming the banking sector* and is expected to have a positive impact on the economy.
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