Banking Regulation Act

RBI reviewing regulation for governing non-core business of banks

The modifications in relation to banks' non-core business could be made by amending the Banking Regulation Act

Govt amends Multi State Cooperative Societies Act to bring in transparency

Credit cooperatives constitute the bulk of the MSCS (610), followed by agriculture-oriented MSCS (244)

Solapur-based Laxmi Co-op Bank loses licence after failing RBI norms

Depositors to get insurance claim, amount of Rs 193.68 cr already paid out

Top Headlines: PSBs shareholding cap, growth of top firms, and more

The central government is seeking to remove the 10 per cent shareholding cap for individuals in public sector banks (PSBs). Read more in our top headlines

Govt looking for complete exit with the help of PSB Privatisation Bill

The government is mulling an amendment that will allow the Centre a total exit from banks, fully privatising PSBs, a report said

Gamechanger? Private equity is set to play a bigger role in Indian banks

Whichever way you look at it, a PE wave is set to enter banking

Peanut penalty and reputation risks for banks

Is it becoming a routine affair, like being fined by the traffic police for jumping the red light or by a TTE for travelling without a ticket on a Mumbai local?

Dish TV board cites rules, rejects YES Bank's demands to hold EGM

The lender, which holds 25.93% stake stake in Dish TV, had sought the removal of the firm's directors Jawahar Lal Goel and four others, and appointment of its own nominees

Govt extends Uday Kotak's term as IL&FS non-exec chairman by 6 months

Kotak, who is also the managing director and chief executive officer of Kotak Mahindra Bank would continue being the non-executive director on the board of IL&FS until April 2, 2022

Pawar writes to PM on differences in amendments in Banking Regulation Act

NCP president Sharad Pawar wrote to Prime Minister Narendra Modi, pointing out certain inconsistencies and resulting legal inefficacy of normative provisions of Banking Regulation Act.

DFI likely to be set up with IIFCL's paid-up capital of Rs 10,000 crore

To have lower minimum capital adequacy ratio than NBFCs; IIFCL to clean up its Rs 4,500-crore bad loans

Companies in banking? Wrong debate

India had already allowed businesses houses to enter banking in its 2013 bank licensing guidelines

Madras HC refuses to stay LVB-DBS Bank merger, adjourns AUM Capital plea

Division bench says merger has already come to operation, Centre and RBI are free to proceed as per the scheme

Dhanlaxmi Bank CEO case to test primacy of RBI over banks' shareholders

The removal of CEO Sunil Gurbaxani has led the private banking system into uncharted waters

RBI likely to put its foot down, reinstate Gurbaxani at Dhanlaxmi Bank

RBI's powers under BR Act to decide fate of bank bosses, not Companies Act

LS passes Banking Regulation (Amendment) Bill, more powers to RBI over UCBs

The Bill intends to empower co-operative banks to raise equity or unsecured debt capital from the public subject to prior RBI approval

DMK, Congress oppose Banking Regulation (Amendment) Bill in Lok Sabha

The bill, which seeks to bring cooperative banks under the supervision of the Reserve Bank of India (RBI), will replace an ordinance promulgated in June. The bill was later passed by Lok Sabha

RBI can frame revival plan for all banks without imposing moratorium

The RBI has to impose restrictions on lending and withdrawal activities before it can frame a revival scheme for commercial and co-operative banks, according to the previous law

FM to move Banking Regulation (Amendment) Bill, 2020 in Lok Sabha today

Sitharaman had said in her budget speech that the government would amend the Banking Regulation Act

Business not as usual: YES Bank changes way banks, Mint Road are looked at

Former RBI governor, Urijit Patel, had said in the aftermath of the blowout at PNB that the banking regulator was better positioned when it came to the oversight of private banks.