The Banking Regulation Ordinance: An imperfect solution to a perfect problem?

The Banking Regulation Ordinance: An imperfect solution to a perfect problem?

President of India Pranab Mukherjee last week approved the Banking Regulation (Amendment) Ordinance, 2017, which made amendments to the Banking Regulation Act, 1949 (BRA). The Ordinance in effect gives more powers to the Reserve Bank of India which (apparently) hitherto did not exist.

Subscribe now to get unlimited access

We're glad you're enjoying Bar and Bench - Indian Legal news. Login and subscribe to continue reading this story.

Already a user? Login
No stories found.
Bar and Bench - Indian Legal news
www.barandbench.com