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Nirmala Sitharaman to move bill to amend banking laws in Lok Sabha tomorrow

Business Standard LogoBusiness Standard3d ago

Nirmala Sitharaman to move bill to amend banking laws in Lok Sabha tomorrow - Business Standard

Quick Summary:

As per the schedule issued by the secretariat, Sitharaman is expected to move the Bill further to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, be taken into consideration and passing tomorrow in Lok Sabha.

Union Finance Minister Nirmala Sitharaman is expected to move the Banking Laws (Amendment) Bill, 2024 in the lower house of Parliament on Monday.

Union Railways Minister Ashqini Vaishnaw is also expected to move a bill further to amend the Railways Act, 1989, for consideration and passing, the schedule read.


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Category: BusinessFinance

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News Sentiment: Negative

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Article Type: News Report

Published On: 2024-12-01 @ 12:13:15 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 550 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 31 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24000432

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