Page-2 of Banking Regulation Act
Cabinet clears amendments to bring cooperative banks under RBI regulation
The Union Cabinet of India recently approved amendments to the Banking Regulation Act, which will bring multi-state cooperative banks under the regulation of the Reserve Bank of India. This amendment in regulation is expected to prevent malpractices in the co-operative ..
Government notifies Banking Regulation (Amendment) Act, 2017
The Union Government has notified the Banking Regulation (Amendment) Act, 2017. The Parliament had approved the Banking Regulation (Amendment) Bill, 2017 which replaced an ordinance in this regard. It amended the Banking Regulation Act, 1949 by adding provisions for handling ..