Amendments to ensure better management and sound regulation of Cooperative banks – globalbihari bureau New Delhi: The President has promulgated the Banking Regulation (Amendment) Ordinance, 2020, which amends the Banking Regulation Act, 1949 as applicable to Cooperative Banks, a finance ministry press communique said on Saturday. The Ordinance seeks toContinue Reading

– globalbihari bureau New Delhi: The Advisory Council members of the 15th Finance Commission on Friday referred to the “massive uncertainty going forward”, and appreciated that they had “tall challenges” in designing fiscal transfers for the five-year period. During the two-day virtual meetings that concluded on Friday, the Advisory CouncilContinue Reading

टिपण्णी – कुमार अमिताभ*   बड़े पैमाने पर औद्योगिक व व्यापारिक क्षेत्र को वित्तीय सहायता की जरूरत महसूस की जा रही है। बैंक कर्ज‌ के मामले में सैकड़ों घोटाले, अनियंत्रित भ्रष्टाचार के साथ बैंकों व अधिकारियों के‌ अड़ियल रवैये की वजह से यह बेहद जटिल प्रक्रिया हो चुकी है। इनContinue Reading