NEW DELHI, Aug. 11 -- The Centre has rolled out a series of banking reforms in recent years aimed at tightening credit discipline, improving governance, and accelerating technology adoption across the financial sector, Minister of State for Finance Pankaj Chaudhary told Parliament on Monday.

In a written reply to the Lok Sabha, Chaudhary said that both the Centre and the Reserve Bank of India (RBI) have acted to strengthen co-operative banks and public-sector lenders. The moves range from enacting the Insolvency and Bankruptcy Code and establishing the RBI's Central Repository of Information on Large Credits-allowing fraud and wilful default cases to be tracked and resolved more quickly-to deploying automated early-warning systems that f...