Union Cabinet Approves Ordinance To Bring Urban & Multi-State Cooperative Banks Under RBI Supervision
LIVELAW NEWS NETWORK
24 Jun 2020 6:09 PM IST

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24 Jun 2020 6:09 PM IST
The Union Cabinet on Wednesday approved an Ordinance to bring urban cooperative banks and multi-state cooperative banks under the supervision of Reserve Bank of India.This was announced by Union Minister Prakash Javadekar in a media briefing about the cabinet decisions."It will give an assurance to 8.6 crore depositors in these banks that their money will stay safe", the Minister...
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