Banking Regulation Act, 1949 Was Amended by Banking Regulation Act, 2020 Which ... - Latest Tweet by ANI

The latest Tweet by ANI states, 'Banking Regulation Act, 1949 was amended by Banking Regulation Act, 2020 which came into force on Sept 29, 2020. Accordingly, co-operative societies can't use “bank", "banker" or "banking" as part of their names, except as permitted under BR Act, 1949 or by RBI: RBI'

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