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  • NPAS, Banking regulation act, modi govt notifies ordinance to amend new banking regulation act, Banking regulation act

    Modi Govt Notifies Ordinance To Amend New Banking Regulation Act 05 May 2017

    The Narendra Modi-led government, notified the ordinance to amend the new Banking Regulation Act, empowering the RBI and banks to start off bankruptcy proceedings against persistent defaulters. The Central Bank, as per the government’s notification, may order consent to the...

    Keywords: Bad loans, Banking regulation act, RBI, RBI

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