Banking Regulation (Amendment) Bill passed in Lok Sabha to bring cooperative banks under RBI
Retail inflation grew at 6.7% in August
September 15, 2020Lok Sabha passes bill to bring co-operative banks under RBI supervision
September 21, 2020Commenting on the Bill, Divakar Vijayasarathy, founder and managing partner, DVS Advisors LLP said, “It strikes the right chord and has given a mechanism to restructure these banks and also significantly improves their regulatory oversight by a competent and efficient regulator, the RBI.