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Banking Laws

Sep 26, 2016 at 17:12 | Source: PTI
"Upon change in law, Bank of India has sold its 18 percent stake in Star Union Dai-ichi Life Insurance Company Ltd (SUD) to Dai-ichi Life Insurance Company Limited (DILIC)," the lender said in a regulatory filing.
Aug 29, 2016 at 11:14 | Source: CNBC-TV18
Speaking about the same to CNBC-TV18, Narendra Murkumbi of Shree Renuka Sugars said the banks were ready to take 70 percent haircut and exit with 30 percent of the face value of the debt.
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.
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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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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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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

Blucell

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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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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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