With the passage of 25 bills and the introduction of another six, Rajya Sabha records showed 100% productivity during the monsoon session that took place amid the Covid-19 pandemic and was postponed sine die. on Wednesday. This was also the second shortest monsoon session of the Upper House since 1952. …
Read More »2020 parliament monsoon session: RS passes bill to put cooperative banks under RBI oversight
The Rajya Sabha on Tuesday passed the Banking Regulation (Amendment) Bill, 2020, to bring cooperative banks under the supervision of the Reserve Bank of India (RBI). During the discussion on the bill, Finance Minister Nirmala Sitharaman told the Chamber that several cooperative banks were under stress during the Covid-19 pandemic …
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