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Banking Laws

May 03, 2016 at 07:28 | Source: Reuters
Under pressure to cut corporate bad debts of more than USD 120 billion, lenders including SBI have been trying to forge tie-ups between distressed cement, steel and power companies and those that are in better shape.
Apr 29, 2016 at 18:26 | Source: PTI
Close to 12,000 cases related tocredit/debit cards and net banking were reported during April-December 2015, Parliament was informed today.
Apr 28, 2016 at 07:36 | Source: PTI
The bilateral agreement comes weeks after the Panama Papers, a series of reports around the world revealing how one Panamanian law firm set up offshore entities to help the world's wealthy stash their assets.
Apr 27, 2016 at 14:54 | Source: PTI
Finance Minister Arun Jaitley today said the Joint Parliament Standing Committee has cleared the Bankruptcy and Insolvency Code and is likely to be discussed in the current Budget Session of Parliament.
Apr 19, 2016 at 12:48 | Source: CNBC-TV18
Compared to the rest of the world we are growing much faster, in fact the fastest, said Finance Minister, Arun Jaitley.
Apr 07, 2016 at 10:02 | Source: PTI
"The rule is meant to close a major loophole in the American banking system that enables the sorts of secretive financial manoeuvres that were thrust into the spotlight this week with the leak of millions of documents from a law firm in Panama," The New York Times reported yesterday.
Apr 05, 2016 at 10:58 | Source: Reuters
Their comments came a day after a leak of four decades of documents from a Panamanian law firm that specialises in setting up offshore companies showed widespread use of those instruments by global banks on behalf of their clients and triggered a raft of government investigations across the world.
Mar 11, 2016 at 08:43 | Source: CNBC-TV18
Arvind Sanger, managing partner at Geosphere Capital Management says fundamental growth that emerging markets and China is facing hasnt washed away yet.
Mar 09, 2016 at 07:50 | Source: Reuters
VW spokeswoman Jeannine Ginivan declined to comment on talks with regulators, but said the automaker "will continue to cooperate with all relevant government agencies."
Feb 25, 2016 at 09:57 | Source: CNBC-TV18
Sanjay Dutt, director of Quantum Securities, says the Union Budget will be taken positively if the FM indicates aggressive government spending to boost investment cycle
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Banking & Financial Services - Sector  

Source:Financial Express - Parliament recently passed the banking law (amendment) bill 2012 which now permits RBI to assume additional regulatory powers over co-operative banks. Parliament today paved the way for corporate houses to enter the banking sector by approving the banking bill, a key

4.58 PM Feb 2nd 2013

Jeejay

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IFCI  

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

Blucell

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L&T Finance  

The RBI`s major objection was that it didn`t have enough powers to regulate the new banks. The agency could remove an errant director, but if an entire bank board connived in a fraud, it was helpless. Now Chidambaram has taken away that excuse: The Banking Laws (Amendment) Bill, which gives the RBI

1.03 PM Jan 27th 2013

Blucell

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L&T Finance  

RBI revisit the issue of allowing industrial houses in banking. In both the discussion paper and the draft norms, it was open to the idea of allowing corporate sector in the banking space. Expectations that new norms would be announced soon had gathered pace after Parliament passed the Banking Laws

5.24 PM Jan 25th 2013

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Banking & Financial Services - Sector  

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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Banking & Financial Services - Sector  

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

Blucell

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L&T Finance  

Armed with the amended banking law, if RBI chooses to release the final guidelines in January, gives a three-month window to the aspirants to apply for licences, and takes another three months to identify the right candidates, the first licences should be handed out before governor D. Subbarao

4.48 PM Dec 23rd 2012

raj_gopal64

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Karnataka Bank  

Dear Rajeshji, Please Go through the New banking law amendment bill passed last week by FM in the parliament. Salient Features of Banking Laws (Amendment) Bill 2012 The Banking Laws (Amendment) Bill 2011 was introduced in order to amend the Banking Regulation Act, 1949, the Banking Companies

9.51 PM Dec 22nd 2012

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Banking & Financial Services - Sector  

of the Banking Laws (Amendment) Bi

5.37 PM Dec 22nd 2012

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With the Parliament having approved the Banking Laws Amendment Bill 2011, the work on issuing new bank licenses is expected to pick up pace with the formation of a RBI and finance ministry committee that will look into all the aspects of this move. CNBC-TV18’s Siddharth Zarabi reports.

11.39 PM Dec 21st 2012

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