Banking Regulation Act: GK, General Studies and Current Affairs

Banking Regulation (Amendment) Bill, 2020

The Banking Regulation (Amendment) Bill, 2020 which is an amendment to the Banking Regulations act 1949, was introduced in Lok Sabha on September 14, 2020.  The Bill also replaces the Banking Regulation (Amendment) Ordinance, 2020 that ..

Cooperative Banks brought under RBI

On June 24, 2020, the Union Cabinet chaired by PM Modi approved to bring cooperative banks under the Reserve Bank of India. This is to be done through an ordinance. Highlights There are about 1,482 ..

Cabinet clears amendments to bring cooperative banks under RBI regulation

The Union Cabinet of India recently approved amendments to the Banking Regulation Act, which will bring multi-state cooperative banks under the regulation of the Reserve Bank of India. This amendment in regulation is expected to ..