Saving page now... http://www.educratsweb.com/content.php?id=2775 As it appears live September 18, 2020 8:01:56 PM UTC

educratsweb logo


President Promulgates Banking Regulation (Amendment) Ordinance, 2020

In pursuance of the commitment to ensure safety of depositors across banks, the President has promulgated the Banking Regulation (Amendment) Ordinance, 2020. (Click to view the Gazette notification on the Ordinance)

The Ordinance amends the Banking Regulation Act, 1949 as applicable to Cooperative Banks. The Ordinance seeks to protect the interests of depositors and strengthen cooperative banks by improving governance and oversight by extending powers already available with RBI in respect of other banks to Co-operative Banks as well for sound banking regulation, and by ensuring professionalism and enabling their access to capital. The amendments do not affect existing powers of the State Registrars of Co-operative Societies under state co-operative laws. The amendments do not apply to Primary Agricultural Credit Societies (PACS) or co-operative societies whose primary object and principal business is long-term finance for agricultural development, and which do not use the word “bank” or “banker” or “banking” and do not act as drawees of cheques.

The Ordinance also amends Section 45 of the Banking Regulation Act, to enable making of a scheme of reconstruction or amalgamation of a banking company for protecting the interest of the public, depositors and the banking system and for securing its proper management, even without making an order of moratorium, so as to avoid disruption of the financial system.

https://pib.gov.in/PressReleseDetailm.aspx?PRID=1634684

President Promulgates Banking Regulation (Amendment) Ordinance, 2020
educratsweb.com

Posted by: educratsweb.com

I am owner of this website and bharatpages.in . I Love blogging and Enjoy to listening old song. ....
Enjoy this Author Blog/Website visit http://twitter.com/bharatpages

PRESIDENT PROMULGATES BANKING REGULATION (AMENDMENT) ORDINANCE, 2020 #EDUCRATSWEB educratsweb.com News 2020-06-28
Join Our Telegram Group : https://t.me/educratsweb


if you have any information regarding Job, Study Material or any other information related to career. you can Post your article on our website. Click here to Register & Share your contents.
For Advertisment or any query email us at educratsweb@gmail.com

RELATED POST
1. Fastrack Investigation of Child Sex Abuse Cases
The number of cases of child sexual abuse reported from 2009 to 2018, is available at https://ncrb.gov.in/en/crime-india. The Government of India implements the ‘Protection of Children from Sexual Offences (POCSO) Act, 2012’, which provides for mandatory reporting, child friendly recording of statement and evidence and speedy trial of the cases. It is stipulated in Section 44 (1) of POCSO Act, 2012 that National Commis
2. Violence against Women
The year-wise data of crime against women as per National Crime Records Bureau (NCRB) during the years 2016 to 2018 is at Annexure-I.   The Government attaches high priority to ensuring safety and security of women and has undertaken various legislative and schematic interventions in this regard. These include legislations such as ‘The Criminal Law (Amendment) Act, 2018’, ‘The Criminal Law (Amendment) Act, 2013’, ‘The Sexual Harassme
3. Central Government Issued an Advisory to All States / UTs and Their Real Estate Regulatory Authorities to Treat Covid-19 Pandemic AS Force Majeure and Automatically Extend the Registration/Completion date of all Projects Registered Under Rera for a Period of 6 Months
In view of the situation created by the global pandemic COVID-19 (Corona Virus), reverse migration of labourers and breakdown of construction materials supply chains, the construction activities of real estate projects were affected adversely across the country. To protect the interest of all stakeholders including homebuyers, Central Government issued an advisory to all States / UTs and their Real Estate Regulatory Authorities to treat COVID-19 pandemic as force majeure and automatica
4. Government receives large number of suggestions on proposed mining reforms
There is no proposal to make illegal mining as legal. The Mines ministry has clarified this today. Ministry of Mines had circulated the proposed reforms in the Mines and Minerals (Development and Regulation) (MMDR) Act, 1957 with different Central Government Ministries /Departments and also to the State Government for comments / suggestions.          Further, in order to give wide publicity to the proposed reforms, as per Pre-Legislative Consultation Poli
5. Applications invited for the National Highway Excellence Awards 2019
Applications invited for the National Highway Excellence Awards 2019Ministry of Road Transport and Highways has invited proposals for the National Highways Excellence Awards for the year 2020. The awards are given every year in seven categories – Excellence in Project Management, Excellence in Operation and Maintenance, Green Highway, Innov
6. The Monsoon session 2020 of Parliament begins tomorrow on September 14
The Monsson session 2020 of Parliament will begin from Monday, on September 14, 2020. The fourth session of  17th Lok Sabha and 252nd  Session of Rajya Sabha is scheduledto be held on Monday, 14th September, 2020 and subject to exigencies of Government Business, may conclude on Thursday, 1st October,
7. Vice President suggests inclusion of milk in mid-day meal scheme
The Vice President, Shri M Venkaiah Naidu today suggested that milk could be given either as part of breakfast or the mid-day meal in order to improve the nutritional levels of children. Shri Naidu spoke to the Union Minister for Women and Child Development, Smt. Smriti Irani in this regard and made this suggestion. The Minister assured the Vice President that the central government would consider recommending to all the States to include milk in the mid-day meal scheme. Earlier in th
8. Cabinet approves Asset Monetization of subsidiaries of Power Grid Corporation of India Limited through Infrastructure Investment Trust
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its approval to: Power Grid Corporation of In
9. Curtain Raiser of Independence Day Celebrations - 2020 at Red Fort
Prime Minister Shri Narendra Modi will lead the nation in celebrating the 74th Independence Day at the majestic Red Fort here tomorrow. He will unfurl the National Flag and deliver the customary Address to the Nation from the ramparts of the iconic monument.
10. Union Education Minister launches Minimum Standards of Architectural Education Regulations, 2020
In continuation of pertinent educational reforms being made by Ministry of Education, Shri Ramesh Pokhriyal Nishank, Education Minister virtually launched the "Minimum Standards of Architectural Education Regulations, 2020" here today.  Minister of State for Education, Shri Sanjay Dhotre also graced the occasion. Senior officials of Ministry of Education and President, Council of Architecture , Ar Habeeb Khan, were also present on the occasion. While addressing the participants S
11. Indian Army rescues Chinese Citizens in North Sikkim
The Indian Army extended a helping hand to three Chinese citizens who lost their way in Plateau area of North Sikkim at an altitude of 17,500 feet on 03 September 2020.      Realising danger to the lives of the Chinese citizens which included two men and one woman in sub zero temperatures, the soldiers of Indian Army immediately reached out and provided medical assistance including oxygen, food and warm clothes to protect them from the vagaries of extreme altitude and harsh
12. Vice President calls for the nurturing of entrepreneurial talent among the youth
The Vice President, Shri M. Venkaiah Naidu called for the nurturing of entrepreneurial talent among the youth of the nation to make India ‘Atmanirbhar’ in the time to come.  He said that we must tap into theentrepreneurial talent and technological skill of every citizen of the nation and harness our local resources to attain self-reliance and to serve the humanity at large. He was addressing a Webinar on Acharya Vinoba Bhave’s contribution to the dissemination of Gandhi J
13. Cabinet approves setting up of National Recruitment Agency to conduct Common Eligibility Test
Cabinet approves creation of National Recruitment Agency (NRA), paving the way for a transformational reform in the recruitment process for central government jobs   NRA: A Multi-Agency Body to encompass the first level test by the Staff Selection Commission (SSC), the Railway Recruitment Boards (RRBs) and the Institute of Banking Service Personnel (IBPS)   Common eligibility Test (CET) to screen candidates at the
14. India sets up a Project Preparation Facility to develop bankable Solar Energy projects in ISA member countries with the help of EXIM Bank of India
Prime Minister Shri Narendra Modi in a message at the inaugural session of First World Solar Technology Summit read out by Shri R.K. Singh, the President, International Solar Alliance (ISA) Assembly and Minister of State (I/C) for Power and New & Renewable Energy, said, today, that technology holds the key to scale up the use of solar energy. Technological achievements have already brought about a significant reduction in the price of solar power. A further reduction in the cost will provide a major
15. Atal Innovation Mission and Dell Technologies Launch Student Entrepreneurship Programme 2.0
Atal Innovation Mission (AIM), NITI Aayog, in collaboration with Dell Technologies today launched Student Entrepreneurship Programme 2.0 (SEP 2.0) for young innovators of Atal Tinkering Labs (ATLs). Following the outstanding success of SEP 1.0, the second series was kick-started in the presence of Dr Rajiv Kumar, Vice Chairman, NITI Aayog; Alok Ohrie, President and MD, Dell Technologies; R. Ramanan, Mission Director, AIM; and Dr Anjlee Prakash, Chairperson, Learning Links Foundation.
16. Need for providing a comprehensive and objective account of the historical events: Vice President
The Vice President, Shri M Venkaiah Naidu today stressed the need to give for providing a comprehensive, authentic and objective account of the historical events. He was speaking after releasing the book, ‘NETAJI—India’s Independence and British Archives’ authored by Dr. Kalyan Kumar De, an associate member of the Netaji Subash Bose-INA Trust at Upa-Rashtrapati Nivas. Observing that the book contains some interesting documents that throw light on the great cont
17. Structural Reforms are a Key Priority of the Government: Finance Minister
Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman stressed that structural reforms are a key priority of the government as has been reflected in the slew of measures & policies announced since outbreak of COVID-19. Every policy which was introduced had a structural component. Consequently, thereforms are having significant impact on the recovery process which we are currently witnessing. Further, in order to facilitate t
18. Prime Minister Narendra Modi launches platform for Transparent Taxation - Honouring the Honest
Prime Minister Shri Narendra Modi launched a platform for “Transparent Taxation - Honouring the Honest” today through video conferencing. Speaking on the occasion he said that the process of Structural Reforms in the country has reached new heights toda
19. The Vice-President of India to release results of Atal Ranking of Institutions on Innovation Achievements (ARIIA) 2020 on tomorrow
Atal Rankings of Institutions on Innovation Achievements (ARIIA) 2020 will be announced by the Vice-President of India Shri M. Venkaiah Naidu on 18th day of August 2020 in esteemed presence of Union Minister for HRD, Shri Ramesh Pokhriyal ‘Nishank’ and Union Minister of State for HRD Shri Sanjay Shamrao Dhotre. The announcement ceremony will be virtual and will be attended by Secretary, Higher Education Shri Amit Khare and the dignitaries from government and non-government organizations and h
20. Enabling a smooth journey for NEET & JEE exam candidates, South Western Railway is running 6 pairs of special trains.
Enabling a smooth journey for NEET & JEE exam candidates, South Western Railway is running 6 pairs of special trains. Students need not fear, Railways i
21. National Sports Awards 2020 announced – Rohit Sharma, Mariyappan T., Manik Batra, Ms Vinesh and Ms Rani bag the Khel Ratna
Sports Awards are given every year to recognize and reward excellence in sports. Rajiv Gandhi Khel Ratna Award is given for the spectacular and most outstanding performance in the field of sports by a sportsperson over a period of four years; Arjuna Award is given for consistent outstanding performance for four years; Dronacharya Award goes to the coaches for producing medal winners at prestigiou
22. Launch of Tribal Health & Nutrition Portal – Swasthya and Opening of National Overseas Portal & National Tribal Fellowship Portal
A series of initiatives were announced by the Ministry of Tribal Affairs here today, which included the Tribal Health and Nutrition Portal ‘Swasthya’ and e-newsletter on health and nutrition ALEKH; opening of National Overseas Portal and National Tribal Fellowship Portal. Present during the occasion were Union Minister of Tribal Affairs Shri Arjun Munda, Minister of State for Tribal Affairs Smt. Renuka Singh Saruta, Secretary (Coordination), Cabinet Secretariat Shri V.P. Joy and officers of M
23. Government decision on National Recruitment Agency to be Game-Changer in the recruitment sector that brings Recruitment to the villages and towns, says Dr.Jitendra Singh
National Recruitment Agency to bring paradigm shift in recruitment system and help meet the aspiration of the youth in finding the right job, experts opined in a Webinar organised by Press Information Bureau, Kolkata on the topic today. Experts from Industry, Government sector along with academicians deliberated and discussed about
24. Mukhtar Abbas Naqvi felicitates youths selected in Civil Services with assistance of free coaching schemes of the Minority Affairs Ministry
Mukhtar Abbas Naqvi felicitates youths selected in Civil Services with assistance of free coaching schemes of the Minority Affairs Ministry Union Minister of Minority Affairs Shri Mukhtar Abbas Naqvi today said here that the Government’s resolute and effective efforts for “promotion and progress” of meritorious youths from Minority communities have resulted in selection of 22 youths from poor, weaker, deprived sections of Minority communities in the prestigious Civil Service
25. Shri Rajiv Kumar takes over as new Election Commissioner
Shri Rajiv Kumar today assumed charge as the new Election Commissioner (EC) of India. Sh Kumar joins the Election Commission of India with Chief Election Commissioner Shri Sunil Arora and Election Commissioner Shri Sushil Chandra. Born on 19thFebruary 19
26 Recruitment of Assistant Accountant Vacancy in Uttar Pradesh Power Corporation Ltd (UPPCL) 2020 #Uttar Pradesh 11 Days Remaining for Apply
Recruitment of Assistant Accountant Vacancy in UPPCL 2020 Uttar Pradesh Power Corporation Ltd (UPPCL)  invites online application on prescribed format from eligible Indian Nationals for direct recruitment to the following backlog Sarkari Naukri vacancy posts of Assistant Accountant (AA) for various offices of Uttar Pradesh Power Corporation Ltd. (UPPCL) (Advt. No. 05/VSA/2020/AA/Backlog). This vacancy of Assistant Accountant (AA)  is only for reser ...
27 Xth (10th) CRP for Clerk Vacancy in PSU Banks by IBPS #Bank 5 Days Remaining for Apply
Xth (10th) CRP for Clerk Vacancy in PSU Banks by IBPS Institute of Banking Personnel Selection (IBPS) will conduct Xth (10th)  Online Common Recruitment Process (CRP), Preliminary and Main Examination for the year 2021-21 for recruitment and selection of personnel for Clerical Cadre Government Job vacancy Posts in participating Public Sector Bank or any other Financial Institution tentatively in the month of December 2020 and January 2021 through Xth (10th) CRP for Cl ...
28 बिहार तकनीकी सेवा आयोग | आयुष चिकित्सा पदाधिकारी की नियुक्ति हेतु विज्ञापान #Bihar 36 Days Remaining for Apply
बिहार तकनीकी सेवा आयोग | आयुष चिकित्सा पदाधिकारी की नियुक्ति हेतु विज्ञापान बिहा� ...
29 ICMR Scientist-B vacancy Recruitment 2020 #Scientist & Research 14 Days Remaining for Apply
Indian Council of Medical Research (ICMR) under Department of Health Research, Ministry of Health & Family Welfare, Government of India will conduct a computer-based examination on 01/11/2020 for recruitment of various Scientist-B (Medical/Non-Medical) vacancy posts and hence invites online application on prescribed format from Indian nationals for filling up these Government Job Vacancy posts of Scientist-B in various disciplines. (Advertisement No. ICMR/SC-B/2020) ICMR Scientist-B Recruitmen ...
30 UPSC Government Jobs Vacancy Recruitment 10/2020 #UPSC 13 Days Remaining for Apply
Union Public Service Commission (UPSC), Dholpur House, New Delhi invites Online application on prescribed recruitment form by 01/10/2020 for following Sarkari Naukri Government Jobs vacancy posts especially Specialist (Faculty (Assistant Professor) and Assistant Director (Statistics - Census Operations etc. in various Central Government Departments/Organisations in the prescribed online format (Advt. No. 10/2020). UPSC Government Jobs Advt. No. 10/2020 Vacancies ...
31 National Sports University Faculty Recruitment 2020 #Faculty & Teaching 33 Days Remaining for Apply
National Sports University, Imphal (Manipur) under Ministry of Youth Affairs and Sports, Government of invites online application on prescribed format for the recruitment of various Faculty Sarkari Naukri vacancy posts in various disciplines. (Advertisement No. 01/2020) National Sports University Faculty Recruitment 2020 Vacancies &nb ...
32 Government Job Vacancies in IFSCA 2020 #Sarkari Naukri 19 Days Remaining for Apply
International Financial Services Centres Authority (IFSCA), a statutory unified regulatory body under the Department of Economic Affairs, Ministry of Finance,Government of India, invites applications from eligible Indian citizens for filling up of following 41 Sarkari Naukri Vacancy posts on Direct Recruitment / Deputation / Contract basis. The place of posting is at GIFT City, Gandhinagar, Gujarat. (Advertisement No. 24/IFSCA/Vacancy notification/2020-2021) ...
33 Recruitment of Accounts Clerk Vacancy in Uttar Pradesh Power Corporation Ltd (UPPCL) 2020 #Uttar Pradesh 39 Days Remaining for Apply
 Recruitment of Accounts Clerk Vacancy in UPPCL 2020 Uttar Pradesh Power Corporation Ltd (UPPCL)  invites online application on prescribed format from eligible Indian Nationals for direct recruitment to the following Sarkari Naukri vacancy posts of Accounts Clerk (AC) - Lekha Lipik (लेखा लिपिक) for various offices of Uttar Pradesh Power Corporation Ltd. (UPPCL) (Advt. No. 06/VSA/2020/LL). ...
We would love to hear your thoughts, concerns or problems with anything so we can improve our website educratsweb.com ! visit https://forms.gle/jDz4fFqXuvSfQmUC9 and submit your valuable feedback.
Save this page as PDF | Recommend to your Friends

http://educratsweb(dot)com http://www.educratsweb.com/content.php?id=2775 http://educratsweb.com educratsweb.com educratsweb