Latest News on Banking Regulation
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Banking Regulation - Total results - 3
Jan 02, 2019
Govt tables bill to allow voluntary use of Aadhaar for SIM, bank account; stiff penalties for violation of normsThe bill proposes a civil penalty of up to Rs 1 crore on entities that violate the provisions of the Aadhaar Act, with an additional fine of up to Rs 10 lakh per day in case of continuous non-compliance.
Nov 05, 2018
RBI autonomy: Bimal Jalan’s ‘quit if you can’t make peace with the boss’ advice to Patel is daring, but a disastrous recipe for marketsThere aren’t many occasions in history where friction between the RBI and the government has not made headlines.
Dec 14, 2013
Chidu pitches for limiting RBI's mandate to monetary policy formulationFinance Minister P Chidambaram today pitched for limiting the Reserve Bank's mandate to monetary policy formulation and banking regulation, and for delegating its other functions to government or other regulators.