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Published 21:43 IST, September 16th 2020

Lok Sabha passes bill to bring cooperative banks under RBI's supervision

In a bid to protect the interest of depositors, the Lok Sabha on Wednesday passed an amendment to the Banking Regulation Act to bring cooperative banks under the supervision of the RBI.The Banking Regulation (Amendment) Bill, 2020 replaces an ordinance that was promulgated on June 26.

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21:43 IST, September 16th 2020