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Banking Laws

Aug 19, 2016 at 08:54 | Source: PTI
The unions have been opposing certain proposed labour law amendments that allow hire and fire, make it tougher to form labour unions and dilute existing social security available to workers at different fora.
Aug 11, 2016 at 11:50 | Source: Moneycontrol.com
According to Bank of America Merill Lynch, the land parcel is valued at RS 103 per share, which is at 75 percent discount to the estimated market value of Rs 412 per share.
Aug 08, 2016 at 14:46 | Source: PTI
The Lok Sabha last week passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, empowering banks to take possession of collateral in the case of loan default, except for farm land.
Jul 19, 2016 at 09:16 | Source: PTI
Officials from ministries including finance, commerce and industry and law informed about the reform measures which have been taken during June 2015 to May this year.
Jun 23, 2016 at 08:52 | Source: Reuters
A report by PAX last week listed the government-owned bank as one of 158 lenders - including JP Morgan Chase, Barclays, Bank of America and Credit Suisse - that violated an international ban for investing in cluster bomb firms.
Jun 21, 2016 at 15:18 | Source: PTI
"Upon change in law (hike in FDI limit in insurance), Bank of India has sold its 18 percent stake in Star Union Dai-lchi Life Insurance Company Ltd (SUD) to Dai-Ichi Life Insurance Company Limited (DILIC)", Bank of India it said in a regulatory filing.
Jun 21, 2016 at 12:38 | Source: Moneycontrol.com
Bank of India has informed BSE that upon change in law, Bank of India has sold its 18% stake in Star Union Dai-lchi Life Insurance Company Ltd (SUD) to Dai-ichi Life Insurace Company Limited (DILIC).
Jun 20, 2016 at 22:00 | Source: PTI
Earlier this year, allegations had been raised in a number of letters from a law firm that claimed to represent the interests of certain unidentified SoftBank Group (SBG) and Sprint Corporation shareholders.
Jun 17, 2016 at 17:44 | Source: CNBC-TV18
Ambit Investment Advisors has increased hedges in its alpha fund to 55 percent from the average 30 percent in anticipation of a knee-jerk movement in the market, says CEO Andrew Holland.
Jun 12, 2016 at 12:50 | Source: PTI
In an interview to PTI, Minister for State for Finance Jayant Sinha said the new legislation that is in the process of being drafted will help in quick winding up of stressed banks, NBFCs and microfinance institutions while safeguarding the interest of small savers.
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the banking laws thereby bequeathing them with more power, in order to facilitate the process of issuing new banking licenses. But now although (in the winter session) the Parliament approved the crucial Banking Laws (Amendment) Bill, 2011, there’s a yet a delay in issuing new banking licenses (despite

1.01 PM Jan 29th 2013

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Source:The Hindu BusinessLine - Endorsement of the much awaited Banking Laws (Amendment) Bill 2011 by Parliament is expected to infuse a fresh lease of life in the banking industry. Amongst the many benefits expected from the Bill, increased competition in the banking industry and enhanced flow

2.37 PM Dec 26th 2012

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Source:The Hindu BusinessLine - The Banking Laws Amendment Bill, 2011 was passed by both Houses this week, setting the ball rolling for the much-awaited issue of new banking licences. In its entirety, the Bill seeks to strengthen the regulatory powers of the Reserve Bank of India and aims

12.53 PM Dec 26th 2012

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Source:Money Rediff News Report - The green light to the Banking Laws (Amendment) Bill by Parliament is likely to lead to some consolidation in the banking sector. While a host of non-banking financial companies (NBFCs) such as L&T Finance Holdings, M&M Financial Services and Shriram

7.24 PM Dec 20th 2012

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Source:Business Today - Corporate entities interested in setting up new banks, including Reliance and Religare, have begun doing the groundwork after a key Bill was passed in the Lok Sabha on Tuesday evening. In a major step to reform India`s banking sector, the Lok Sabha had passed the Banking

6.02 PM Dec 20th 2012

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Source:Business Standard - A section of public sector bank employees have gone on nation-wide strike today to protest the Banking Laws (Amendment) Bill, partially affecting normal banking operations in some banks. Employees of four bank unions participating in strike are from All India Bank

5.56 PM Dec 20th 2012

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Source:The Hindu BusinessLine - A section of public sector bank employees have gone on nation-wide strike today to protest the Banking Laws (Amendment) Bill, partially affecting normal banking operations in some banks.Employees of four bank unions participating in strike are from All India Bank

5.44 PM Dec 20th 2012

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Source:Business Today - A day after Lok Sabha passed the Banking Laws (Amendment) Bill, RBI Deputy Governor K C Chakrabarty on Wednesday said the process for issuing new banking licences will be expedited.

4.45 PM Dec 20th 2012

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Source:The Hindu BusinessLine - New Delhi, Dec 19: Four bank employee unions will go on one-day strike tomorrow to protest the Banking Laws (Amendment) Bill and merger plans of banks. The unions decided to go ahead with the strike after the conciliatory meeting with Indian Banks’ Association

2.48 PM Dec 20th 2012

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Source:The Hindu BusinessLine - Mumbai, Dec 19: A day after Lok Sabha passed the Banking Laws (Amendment) Bill, RBI Deputy Governor, K C Chakrabarty today said the process for issuing new banking licences will be expedited. “The process will be expedited... I don’t think, it should take much time

12.24 PM Dec 20th 2012

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