Key Amendments To Banking Laws Coming Into Effect From 1 August 2025
The provisions of sections 3, 4, 5, 15, 16, 17, 18, 19, and 20 of the Banking Laws (Amendment) Act, 2025 aim to redefine the threshold of ‘substantial interest’ from Rs 5 lakh to Rs 2 crore, revising a limit that has remained unchanged since 1968.
Jul 31, 2025, 10:57 AM IST
Take urgent remedial steps to contain NPAs: Parl panel to govt
The Committee on Petition in its reports said that it is constrained to note that even after having a 'vigilance mechanism' in vogue in the banking system, there are incidences of fraud relating to non-performing assets (NPAs).
Dec 25, 2017, 17:57 PM IST
Money laundering: RBI advised to share banks inspection report
The Reserve Bank of India has been advised by the Law Ministry to share extracts of its banks' inspection reports with intelligence and law enforcement agencies to help check money laundering and violations of other banking laws.
Jun 25, 2015, 15:49 PM IST