Wednesday, June 24, 2020

Cabinet decides to bring Co-operative Banks under RBI through an Ordinance

The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has decided to bring Co-Operative Banks under the Reserve Bank of India through an Ordinance. Government banks, including 1,482 urban cooperative banks and 58 multi-state cooperative banks, are now being brought under supervisory powers of Reserve Bank of India (RBI),” Javadekar said today. These […]

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

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