Lok Sabha Passes Bill To Bring Cooperative Banks Under RBI to control interests

Thursday, September 17th, 2020
nirmala

New Delhi: The Lok Sabha on Wednesday passed an amendment to the Banking Regulation Act to bring cooperative banks under the supervision of the RBI. The decision made to control huge interest on loans and to protect the interest of depositors, The Banking Regulation (Amendment) Bill, 2020 replaces an ordinance that was issued on June […]

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