Banking sector to see significant reforms in 2022; privatisation, IDBI Bank disinvestment on agenda


Banking sector to see significant reforms in 2022; privatisation, IDBI Bank disinvestment on agenda

Pursuant to the government's 4Rs strategy of Recognition, Resolution, Recapitalisation and Reforms, Non-Performing Assets (NPAs) of the banking sector have declined to Rs 8,35,051 crore as on March 31, 2021.

The Centre has started a consultation process with various stakeholders on building a national database on cooperatives which will help in convergence of various schemes implemented by states and the central government as well as in establishing good governance and market orientation.


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