In Move to Prevent Scams, India’s Central Bank To Regulate Cooperative Banks

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In Move to Prevent Scams, India’s Central Bank To Regulate Cooperative Banks - L.A. Focus Newspaper

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In a move aimed at preventing scams in the cooperative banks, the Indian government has adopted legislation to bring those entities under the ambit of India's central bank - the Reserve Bank of India (RBI). Until the banking regulations were amended on Sept. 22, the RBI could only issue directives to cooperative banks. The new […]

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Source: La Focus Newspaper

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In Move to Prevent Scams, India’s Central Bank To Regulate Cooperative Banks - L.A. Focus Newspaper

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