Verma committee report on weak public sector banks

We must develop an approach to the commercial banking sector that is minima list in intervention - one that maximises the role of the existing markets and market players and then leaves the banking system to find its own solut ions in regard to organisation. Whether to merge or de-merge, to enter into strategic relationships, to sell off parts of their businesses piecemeal o r to close unviable operations - these objectives are ill-served by decisio ns taken by fiat.