Banking Regulation Act

Lok Sabha passes legislation to bring cooperative banks under RBI's supervision

Finance Minister Nirmala Sitharaman said that amendments to the banking regulation law seeking to extend the supervision of RBI to cooperative banks are aimed at improving their governance.

published on : 16th September 2020

Parliament monsoon session: Opposition to protest against agriculture-related legislations, Banking Act changes

Like-minded opposition parties have decided to evolve a joint strategy to take on the government on key issues before the country.

published on : 13th September 2020

Co-operatives now under RBI radar as Centre approves amendment to Banking Regulation Act

This move comes in the wake of the Punjab and Maharashtra Co-operative (PMC) Bank crisis. 

published on : 6th February 2020