Search For "banking regulation"
Sharad Pawar writes to PM Modi on amendments in Banking Regulation Act, hi
Updated : 4 years, 10 months ago IST
New Delhi [India], July 18 (ANI): Nationalist Congress Party (NCP) president Sharad Pawar on Saturday wrote to Prime Minister Narendra Modi and pointed out certain inconsistencies and the resulting legal inefficacy of normative provisions of the Banking Regulation Act.
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Rajya Sabha passes Banking Regulation (Amendment) Bill, 2020
Updated : 5 years, 8 months ago IST
New Delhi [India], September 22 (ANI): The Rajya Sabha passed the Banking Regulation (Amendment) Bill 2020 through a voice vote on Tuesday.
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Essential Commodities Amendment Bill to be taken up in Rajya Sabha today
Updated : 5 years, 8 months ago IST
New Delhi [India], September 21 (ANI): The Essential Commodities (Amendment) Bill, 2020 and The Banking Regulation Amendment) Bill, 2020 are among the four Bills that will be brought in Rajya Sabha for consideration and passing on Monday, according to Pralhad Joshi, Union Minister of Parliam
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LS passes bill to amend Banking Regulation Act, Sitharaman says legislatio
Updated : 5 years, 8 months ago IST
New Delhi [India], September 16 (ANI): Lok Sabha on Wednesday passed a bill that seeks to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for reconstruction or amalgamation of the banking company without the necessity o
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Lok Sabha takes up bill to amend Banking Regulation Act
Updated : 5 years, 8 months ago IST
New Delhi [India], September 16 (ANI): The Lok Sabha on Wednesday took up for consideration a bill to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for reconstruction or amalgamation of the banking company without the
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ICICI Bank gets exemption for over 30 pc shareholding in two insurance arm
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 15 (ANI): Private sector lender ICICI Bank has been exempted from provisions of the Banking Regulation Act relating to shareholding above 30 per cent in its two insurance subsidiaries.
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President Kovind promulgates Banking Regulation (Amendment) Ordinance, 202
Updated : 5 years, 11 months ago IST
New Delhi [India], June 27 (ANI): In order to ensure the safety of depositors across banks, President Ram Nath Kovind promulgated the Banking Regulation (Amendment) Ordinance, 2020.
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RBI imposes penalty of Rs 4 cr on Citibank
Updated : 6 years ago IST
New Delhi [India], May 30 (ANI): The Reserve Bank of India (RBI) on Friday said that it has imposed a monetary penalty of Rs 4 crore on Citibank for the contravention of Section 10 (1) (b) (ii) of Banking Regulation Act, 1949 (the Act).
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Nirmala Sitharaman to move the Banking Regulation (Amendment) Bill, 2020 i
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 19 (ANI): Union Finance Minister Nirmala Sitharaman will move the Banking Regulation (Amendment) Bill, 2020 for consideration and passage in Lok Sabha on Thursday.
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Bill introduced in Lok Sabha to strengthen cooperative banks
Updated : 6 years, 3 months ago IST
New Delhi [India], March 3 (ANI): A Bill that seeks to improve governance and regulation of cooperative banks was introduced in Lok Sabha on Tuesday amid ruckus in the House over opposition demand for an immediate discussion on Delhi violence.
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RBI imposes penalty on United Overseas Bank Limited
Updated : 6 years, 8 months ago IST
New Delhi [India], Oct 3 (ANI): Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on United Overseas Bank Limited (UOB) for its failure to comply with the provisions of Section 10B of the Banking Regulation Act, 1949.
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Decision on PMC bank important for compliance: MoS Finance Anurag Thakur
Updated : 6 years, 8 months ago IST
New Delhi [India], Sept 25 (ANI): Minister of State for Finance Anurag Thakur on Wednesday said that RBI's decision on the Punjab and Maharashtra Cooperative Bank (PMC Bank) to ensure compliance was necessary but steps should be taken so that the stakeholders are not inconvenienced.
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