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Govt to introduce 2 Bills in RS as oppn presses for its demands

Govt to introduce 2 Bills in RS as oppn presses for its demands ​ By IANS | ​ 0 Views   Govt to introduce 2 Bills in RS as oppn presses for its demands. Image Source: IANS News New July 30 : Finance Minister Nirmala Sitharaman on Friday will introduce two Bills in the Rajya Sabha amendment to Limited Liability Partnership Act, 2008 and Deposit Insurance and Credit Guarantee Corporation Act, 1961. The opposition, however, will continue reinforcing its demands on the Pegasus snooping issue, inflation and farm laws. The RS Bulletin stated: FM Nirmala Sitharaman to introduce a Bill to amend the Limited Liability Partnership Act, 2008 The Limited Liability Partnership (Amendment) Bill, 2021, and The Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021.

Rule to protect depositors fund in banks gets Cabinet approval- The New Indian Express

Rule to protect depositors’ fund in banks gets Cabinet approval “This will be the biggest relief we can offer those small depositors and nearly covering 98.3% depositors,” Sitharaman said in a press conference post the cabinet meeting. Share Via Email   |  A+A A- Union Finance Minister Nirmala Sitharaman addresses a press conference on Cabinet decisions, in New Delhi on Wednesday | Shekhar Yadav By Express News Service NEW DELHI:  A move which will protect depositors of troubled bank, Union Cabinet on Wednesday approved changes to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, which will allow depositors to withdraw up to Rs 5 lakh in 90 days, even if the bank goes under moratorium.

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