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 ..

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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 ..

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