Banking Regulation (Amendment) Bill, 2020 passed by Parliament

Context: The Banking Regulation (Amendment) Bill, 2020 passed by Parliament proposes to expand RBI’s regulatory control over co-operative banks in terms of management, capital, audit and liquidation so as to provide for better management and proper regulation of co-operative banks Analysis This will ensure that the affairs of the co-operative banks are conducted in a manner that …

Banking Regulation (Amendment) Bill, 2020 passed by Parliament Read More »