 "ATMs to loans: Eyes on the road for finance world")
Union Budget and Mint Road
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. It was felt that these issues would gather speed when a new government was sworn in after the results of the general elections in June 2024. We may get to see forward moment
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