moratorium: Current Affairs, GK & News - 2020-2021
Why did RBI impose moratorium on Lakshmi Vilas Bank?
Published: November 19, 2020
The Reserve Bank of India recently imposed a moratorium on Lakshmi Vilas Bank of India for a period of thirty days. The apex bank has also drafted a scheme for the merger of the bank. Under the scheme, the Lakshmi Vilas Bank is to be amalgamated with the DBS Bank of Singapore. Why was Lakshmi ..
Category: Economy & Banking Current Affairs
Bar Council of India imposes 3-year moratorium on opening of new law colleges
Published: August 13, 2019
Bar Council of India (BCI), the apex bar body has imposed 3 year moratorium on opening of new institutions except for national law universities (NLUs), if proposed by a state. This decision has been taken to curb mushrooming of law colleges in the country and laying stress on improvement of standard of existing institutions. BCI ..
Category: Legal & Constitution Current Affairs