Wednesday, September 16, 2020

Lok Sabha passes The Banking Regulation (Amendment) Bill, 2020 gives RBI powers to restructure Co-operative Banks [Read Bill]

The lower house of the Parliament, the Lok Sabha has passed The Banking Regulation (Amendment) Bill, 2020. The Banking Regulation (Amendment) Bill, 2020 was introduced in Lok Sabha on September 14, 2020.  The Bill amends the Banking Regulation Act, 1949.  The Act regulates the functioning of banks and provides details on various aspects such as […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2Ry14MI

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