Proposed Parameter For Issuing Equity Share And Other Security For UCB (Urban Co.Operative Bank) As Per Banking Regulation Act 2020 Recommendation By RBI Vishwanathan Committee. (1) Banking Regulation Act Amendment As per new Banking Regulation Act 2020 Section 56(i), the following clause shall be substituted, namely:- Section 12 (1) A co-operative bank may, with the […]
Difference between Banking Regulation Act before Amendment and After Amendment of Introduction of The Banking Regulation Ordinance, 2020. BR Act (Before Amendment) BR Act (After Amendment) Remarks (1) Change in Section 3: – Section 3 Nothing in this Act shall apply to. – (a) a primary agricultural credit society; (b) a co-operative land mortgage bank; […]
