Parliament passes bill to place cooperative banks under RBI oversight to protect depositors’ interests
Currently, the rules of commercial banks do not extend to cooperative societies that operate like…
Monthly Archives: September, 2020
Rajya Sabha adopts Banking Amendment Bill 2020 bringing together cooperative banks under the auspices of the RBI
The banking bill (amendment) 2020 was passed in Rajya Sabha. In her response, Finance Minister…
Lok Sabha passes law to bring cooperative banks under RBI supervision – the New Indian Express
Through PTI NEW DELHI: In order to protect the interests of depositors, the Lok Sabha…
LS passes law to place cooperative banks under RBI supervision
In an effort to protect the interests of depositors, the Lok Sabha on Wednesday passed…
Banking Regulation (Amendment) Bill passed in Lok Sabha to subject cooperative banks to RBI
In view of the deteriorating state of cooperative banks in the country, Lok Sabha passed…