Fslrc

Do away with special laws for SBI, LIC: FSLRC

The existing laws which provide special privileges to entities like SBI and LIC should be either amended or repealed, the report said.

Srikrishna emasculates RBI, shifts power to finmin

The Financial Sector Legislative Reforms Commission headed by Justice BN Srikrishna will shift the balance of power from the RBI to the finance ministry.

FSLRC: List of six basic rights for all financial consumers

If the bill is passed and becomes law, it could tilt the field in favour of consumers.

Sebi to start public consultation to frame rules for promoter re-classification

Sebi is launching public consultation for framing rules to allow re-classification of promoters at listed firms looking to become public shareholders.

Bigger reforms coming: Jaitley says will take up large number of FSLRC suggestions

With a combination of these administrative and legislative changes, the professional regulatory mechanism will come to stay