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Published 14:24 IST, June 27th 2020

President Kovind promulgates ordinance to bring co-operative banks under RBI supervision

President Ram Nath Kovind has promulgated the Banking Regulation (Amendment) Ordinance, 2020 to bring all urban cooperative banks and multi-state cooperative banks under the supervision of the RBI in order to protect the interest of depositors.

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14:24 IST, June 27th 2020