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BANKING REGULATION ORDINANCE
India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...- Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
- India plans to scrap capital gains tax on FPI investments in government securitiesIndia is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. Thi...
- Changes in banking regulation law aimed at improving governance in cooperative banks: FMMoving the Banking Regulation (Amendment) Bill, 2020 in the Lok Sabha, Sitharaman said the government was compelled to come out with an ord...
- HC directs Centre, RBI to file counter to pleas challenging ordinance on cooperative banksThe First Bench of Chief Justice AP Sahi and Justice Senthil Kumar Ramamoorthy refused to grant any interim relief to the Big Kanchipuram C...
- President promulgates ordinance to bring co-operative banks under RBI supervisionThe Ordinance amends the Banking Regulation Act, 1949 as applicable to cooperative banks, an official statement said on Saturday. The amend...
- RBI can restructure struggling banks without moratoriumThe ordinance approved on Wednesday also empowers the RBI to bring cooperative banks under its supervisory powers.
- FM Arun Jaitley introduces bill to replace Banking Regulation OrdinanceThe Banking Regulation (Amendment) Bill, 2017, seeks to amend the Banking Regulation Act, 1949 and replace the Banking Regulation (Amendmen...
- Working on resolution of large NPA accounts: RBI"Overall, the RBI has a strategy to deal with the resolution of large assets and we are working in a calibrated manner and we hope to see s...
- RBI, IBA to select cases for resolution of NPAsThe government has no intention to get into individual cases and it has already given authorisation to the banking sector regulator, an off...
- IRDA likely to issue new norms for insurers' bank tie-upsIRDA chief made it very clear that voluntary compliance to 'open infrastructure' was a preferred option, the lack of it could force the reg...
- After Andhra ordinance, Centre may frame policy to regulate MFIsThe Andhra Pradesh government issued the controversial ordinance to regulate microfinance institutions despite the central government’s ple...
- RBI governor to be vice chief of joint market regulators' bodyThe government today introduced a bill in the Lok Sabha that provides for a joint mechanism headed by the Finance Minister to resolve diffe...
- Ordinance on Ulips raises regulatory concerns: RBIReserve Bank of India governor D Subbarao on Monday went public on the central bank’s unease over the recent ordinance that sought to end t...
- Subbarao meets FM; expresses concern over ULIP OrdinanceRBI Governor D Subbarao asked the government to relook the Ordinance it had issued last month to end the IRDA-SEBI turf war over control of...
- Subbarao meets FM; expresses concern over ULIP OrdinanceConcerned over dilution of its role in dealing with inter-regulatory disputes, RBI Governor D Subbarao today asked the government to relook...
- Centre to seek Parliament’s nod for Ulips orderThe government is to introduce a bill in monsoon session with safeguards that will ensure independence of financial regulators.
- Govt to buy RBI's stake in NHB, Nabard by June 2008: FMThe Reserve Bank owns 72.50% in Nabard and 100% in National Housing Bank. The government has already bought RBI's 59.73% stake in State Ban...
- SLR Ordinance expected by Jan-endAn ordinance empowering RBI to cut SLR below 25% will be brought in by January end or early February.
- Cabinet clears ordinances on banks, marketsThe Cabinet on Friday gave its nod for the promulgation of the Banking Regulation (Amendment and Miscellaneous Provisions) Ordinance '04, S...
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