The Focus of the Ordinance: On 26th June, 2020, the Government of India promulgated the Banking Regulation (Amendment) Ordinance, 2020 to amend the Banking Regulation Act, 1949, which largely regulates the licensing, management and functioning of banks in India. The notification deems that the objective of the ordinance has been ‘to ensure better management &Continue reading “Banking Regulation (Amendment) Ordinance, 2020 – RBI’s Increasing Powers and Legislative Competence”
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Notes on Financial Regulation 