The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
The Mexican President proposed that the top commission should include Pope Francis, the UN Secretary-General, Antonio Guterres, and Indian PM Narendra Modi.
The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition.