Parliament LIVE Updates: Covid-19 Lockdown a Shock Like Demonetisation, TMC’s Derek O’Brien Informs RS; Cong Calls Curbs ‘Surprising’

    0
    2
    parliament-live-updates:-covid-19-lockdown-a-shock-like-demonetisation,-tmc’s-derek-o’brien-informs-rs;-cong-calls-curbs-‘surprising’
    Parliament LIVE Updates: Covid-19 Lockdown a Shock Like Demonetisation, TMC's Derek O'Brien Tells RS; Cong Calls Curbs 'Shocking'
    Submit image of TMC’s Derek O Brien throughout a conversation in Rajya Sabha.
    The Bill seeks to protect the interest of the depositors by bringing co-operative banks under the regulatory framework of Reserve Bank of India (RBI). Previously, if a bank was positioned under moratorium, it not only limited withdrawals by depositors, however likewise interrupted a bank’s lending operations.

    The cooperative banks will also be allowed to raise cash through public concern and personal placement, of equity or preference shares as well as unsecured debentures, with the main’s bank’s nod.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here