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Govt unlikely to table FRDI Bill in Budget Session too

Lok Sabha Speaker Sumitra Mahajan informed the House that extension of time has been granted to the joint panel on the FRDI Bill up to the last day of Budget Session, 2018 .

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If the bank sinks, the amount deposited in the account will be received within 90 days, the government will soon bring a rule | બેંક ડૂબશે તો 90 દિવસમાં જ મળશે ખાતામાં જમા રકમ, સરકાર ટૂંક સમયમાં નિયમમાં સુધારો કરશે

If the bank sinks, the amount deposited in the account will be received within 90 days, the government will soon bring a rule | બેંક ડૂબશે તો 90 દિવસમાં જ મળશે ખાતામાં જમા રકમ, સરકાર ટૂંક સમયમાં નિયમમાં સુધારો કરશે
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Deccan Urban Co-op Bank: 99 58% customers covered under deposit insurance, says RBI What it means

Deccan Urban Co-op Bank: 99.58% customers covered under deposit insurance, says RBI. What it means Premium Since the IL&FS defaults, it can be noted that NBFCs and housing finance companies (HFCs) were facing a crisis of confidence, sending call money rates higher and overall liquidity tight. 1 min read The central government earlier raised the deposit insurance cover to ₹5 lakh Share Via Read Full Story The Reserve Bank of India (RBI) on Friday imposed a ₹1,000 withdrawal cap on the customers of Karnataka-based Deccan Urban Co-operative Bank Ltd. Considering the bank s present liquidity position, a sum not exceeding ₹1000 only of the total balance across all savings bank or current accounts or any other account of a depositor, may be allowed to be withdrawn, RBI said in a release on Friday.

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Congress MP Jairam Ramesh cautions Lok Sabha Speaker against certifying bills as Money Bill | India News

Jairam Ramesh NEW DELHI: Congress MP Jairam Ramesh has written to Lok Sabha Speaker Om Birla asking him to not certify as ‘Money Bills’ at least 7 proposed legislations that Finance Minister Nirmala Sitharaman said she will introduce in Parliament during the Budget session. Ramesh argued that the proposed legislations need to be discussed, first, in the concerned standing committees. “I am writing to you because the government has, in the past 4-5 years, taken recourse to the ‘Money Bill’ route to circumvent not just scrutiny by the standing committee concerned, but also to by-pass Rajya Sabha,” Ramesh said in his February 16 letter to Birla.

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Congress urges Speaker not to bypass Rajya Sabha by declaring 7 key Bills as money bills

Congress urges Speaker not to bypass Rajya Sabha by declaring 7 key Bills as ‘money bills’ Updated: Updated: Budget session of Parliament is in recess and will resume on March 8 Share Article Budget session of Parliament is in recess and will resume on March 8 In a pre-emptive move, the Congress has written to Lok Sabha Speaker Om Birla, urging him not to bypass the Rajya Sabha by declaring seven key Bills, including the one on privatising two public sector banks, as “money bills”. The Budget session of Parliament is in recess and will resume on March 8. The Rajya Sabha has limited powers to legislate on a “money bill”. The Lok Sabha is free to accept or reject the amendments made by the Rajya Sabha on a money bill, making the Upper House’s views on the legislation irrelevant.

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