Chit fund scam Current Affairs, GK & News

Amendments to the Banning of Unregulated Deposit Schemes Bill, 2018

The Union Cabinet headed by Prime Minister has approved the amendments to the Banning of Unregulated Deposit Schemes Bill, 2018. The amendments introduced based on the recommendations of the Standing Committee on Finance strengthen its objective to effectively tackle the menace of illicit deposit-taking activities in the country, and prevent such schemes from duping poor and ..

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