Banking Regulation
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Waqf Amendment Bill To Be Tabled In Parliament's Budget Session
16 Bills, including the Finance Bill 2025, amendments to the Waqf and Banking Regulations Act, and the merging of the Indian Railways and Indian Railways Board Acts, will be tabled in Parliament's Budget session.
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US Banking Regulator Resigns After Reports Reveal Toxic Workplace Culture
A top US banking regulator offered his resignation Monday after an independent report found evidence of widespread sexual misconduct and a "patriarchal" culture at the agency he leads.
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Silicon Valley Bank Top Bosses Sold Over $4 Million Of Stock Days Before Historic Failure
CEO Gregory Becker sold over 12,000 shares for $3,578,652.31 on February 26, while the CFO sold $575,180 in stocks in a separate transaction on the same day.
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Lok Sabha Passes Bill To Bring Cooperative Banks Under RBI Supervision
In a bid to protect the interest of depositors, the Lok Sabha on Wednesday passed an amendment to the Banking Regulation Act to bring cooperative banks under the supervision of the RBI.
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11 Top PNB Officials Summoned For Alleged Violation Of Banking Regulation
A Delhi court has summoned as accused 11 top officials of the Punjab National Bank (PNB), including former and current executive officials and the current managing director, for alleged violation of banking regulations and criminal conspiracy.
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Courts Can Examine Reasonableness Of Interest Rate: Top Court On Rural Loans
The Supreme Court has said that provision of the Banking Regulation Act, 1949, that prohibits courts from examining the reasonableness of rate of interests charged by banks, will not operate in states with debt relief laws for agriculturists.
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Rajya Sabha Adjourned After Heated Exchanges Between Government, Opposition
The Rajya Sabha today witnessed heated exchanges between the government and the opposition over whether to take up legislative business or debating the Chandigarh stalking case and printing of differently-sized new currency notes, leading to its adjournment for the day.
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Arun Jaitley Introduces Bill To Replace Banking Regulation Ordinance
A bill to authorise the Reserve Bank of India to direct banking companies to resolve the problem of stressed assets was introduced in the Lok Sabha today by Finance Minister Arun Jaitley.
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President Pranab Mukherjee Promulgates Ordinance On Non-Performing Assets Resolution
President Pranab Mukherjee today promulgated an ordinance authorising the Reserve Bank to issue directions to banks to initiate insolvency resolution process in the case of loan default.
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Waqf Amendment Bill To Be Tabled In Parliament's Budget Session
16 Bills, including the Finance Bill 2025, amendments to the Waqf and Banking Regulations Act, and the merging of the Indian Railways and Indian Railways Board Acts, will be tabled in Parliament's Budget session.
-
US Banking Regulator Resigns After Reports Reveal Toxic Workplace Culture
A top US banking regulator offered his resignation Monday after an independent report found evidence of widespread sexual misconduct and a "patriarchal" culture at the agency he leads.
-
Silicon Valley Bank Top Bosses Sold Over $4 Million Of Stock Days Before Historic Failure
CEO Gregory Becker sold over 12,000 shares for $3,578,652.31 on February 26, while the CFO sold $575,180 in stocks in a separate transaction on the same day.
-
Lok Sabha Passes Bill To Bring Cooperative Banks Under RBI Supervision
In a bid to protect the interest of depositors, the Lok Sabha on Wednesday passed an amendment to the Banking Regulation Act to bring cooperative banks under the supervision of the RBI.
-
11 Top PNB Officials Summoned For Alleged Violation Of Banking Regulation
A Delhi court has summoned as accused 11 top officials of the Punjab National Bank (PNB), including former and current executive officials and the current managing director, for alleged violation of banking regulations and criminal conspiracy.
-
Courts Can Examine Reasonableness Of Interest Rate: Top Court On Rural Loans
The Supreme Court has said that provision of the Banking Regulation Act, 1949, that prohibits courts from examining the reasonableness of rate of interests charged by banks, will not operate in states with debt relief laws for agriculturists.
-
Rajya Sabha Adjourned After Heated Exchanges Between Government, Opposition
The Rajya Sabha today witnessed heated exchanges between the government and the opposition over whether to take up legislative business or debating the Chandigarh stalking case and printing of differently-sized new currency notes, leading to its adjournment for the day.
-
Arun Jaitley Introduces Bill To Replace Banking Regulation Ordinance
A bill to authorise the Reserve Bank of India to direct banking companies to resolve the problem of stressed assets was introduced in the Lok Sabha today by Finance Minister Arun Jaitley.
-
President Pranab Mukherjee Promulgates Ordinance On Non-Performing Assets Resolution
President Pranab Mukherjee today promulgated an ordinance authorising the Reserve Bank to issue directions to banks to initiate insolvency resolution process in the case of loan default.
