# High-level panel on Banking for Viksit Bharat soon: FM Sitharaman 2026-08-17T08:52:23+00:00 | Governance | Indian Opinion Desk Corroboration: 2 independent outlets Finance Minister Nirmala Sitharaman has said a high-level committee on 'Banking for Viksit Bharat' will be announced shortly. Speaking at the PSB Confluence 2026, she said the panel will draw on research and recommendations from the two-day discussions among public sector bank and financial institution leaders. Sitharaman said Indian banks are in a position of strength, with non-performing assets at their lowest-ever levels, creating scope for further reforms. The Deccan Herald reports that the committee is part of a comprehensive review of the sector to align it with India's next phase of growth. Business Today adds that Sitharaman urged banking leaders to shape the future direction of the financial system to achieve the Viksit Bharat 2047 vision. The committee's terms of reference and members are expected to be announced in the coming weeks. ## Coverage - deccanherald.com - businesstoday.in This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-17T09:36:26+00:00. Tags: Banking for Viksit Bharat, Nirmala Sitharaman Canonical: https://indianopinion.org/fm-sitharaman-to-announce-panel-on-banking-for-viksit-bharat/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/fm-sitharaman-to-announce-panel-on-banking-for-viksit-bharat/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/