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Parliament Announces bill to bring co-operative banks under RBI supervision  

co-operative banks under RBI supervision

The Parliament has declared amendments to the Banking Regulation Act to bring co-operative banks under RBI supervision, a move intended at protecting the interest of depositors. Let’s summaries the Notifications issued:- Co-operative banks under RBI supervision In order to bring co-operative banks under the supervision of the RBI, Parliament has passed amendments to the Banking … Read more