Banking Law Amendment Bill

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  Lok Sabha Passes Banking Laws (Amendment) Bill Allowing 4 Account Nominees

  The Lok Sabha on Tuesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees in their accounts.

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  Banking Laws Amendment Bill To Strengthen Governance: N Sitharaman

  Finance Minister Nirmala Sitharaman said on Tuesday that the Banking Laws (Amendment) Bill will strengthen governance in Indian banking sector besides enhancing consumer's and customer's convenience.

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  Nirmala Sitharaman To Move Banking Laws Amendment Bill In Lok Sabha Today

  Nirmala Sitharaman will today move the Banking Laws (Amendment) Bill in the Lok Sabha.

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  Bill To Privatise 2 Public Sector Banks Coming In Winter Session

  Aiming to privatise two public sector banks, government will introduce the Banking Laws (Amendment) Bill 2021 in the Winter session of Parliament

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  Thinkpad: Bracing For Impact

  High impact changes are coming — from banking to cryptocurrencies. Brace for impact.

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  Bill To Privatise 2 Public Sector Banks Coming In Winter Session

  Aiming to privatise two public sector banks, government will introduce the Banking Laws (Amendment) Bill 2021 in the Winter session of Parliament

• Parliament gives final approval to Banking Amendment Bill

  The Rajya Sabha approved a bill on Thursday clearing the way to issue more banking licences and attract more foreign investment into the lending sector.

• Holding company for PSU banks to meet growth needs: FinMin secretary

  The Government said the proposed holding company for the PSU banks would help in recapitalizing the lenders for meeting their growth needs and global prudential norms.

• CCI with Par Panel view to keep bank M&As out of its purview

  Competition watchdog CCI has has welcomed parliamentary panel's recommendation to keep bank mergers outside its purview temporarily.

• Parliament panel proposes voting right cap of 26% in private banks

  A parliamentary panel today recommended raising voting rights of investors in the private sector banks.

• RBI not to intervene in forex market: Anand Sinha

  Reserve Bank on Tuesday said that it will not intervene in the foreign exchange market unless the situation is grave, though the Rupee touched 16-month low of 47.59 against the US dollar. "It is clear policy of RBI that we address volatility and not the level unless it is grave and adverse situation," RBI Deputy Governor Anand Sinha told whe...

• Govt tables Banking Laws (Amendment) Bill in Parliament

  The Government on Tuesday tabled a Bill in the Lok Sabha to raise the voting rights of shareholders of nationalised banks to 10 per cent from the existing 1 per cent, a move that will make investment in state-owned banks more attractive. The Banking Laws (Amendment) Bill 2011 proposes to raise the ceiling on voting rights of shareholders of...

• Govt okays Banking Laws Amendment Bill?

  The government is in a rush to push financial sector bills in the ongoing Budget session of the Parliament. As the first salvo, the cabinet has cleared the Banking Laws Amendment Bill 2011. This is aimed to further empower both the Centre and the RBI with an overarching supervisory role over banks. For instance, the RBI in consultation...