Banking Regulation Ordinance, 2017: RBI Gets Power to Initiate Insolvency Process Against Defaulters - 05.05.2017

President Pranab Mukherjee has approved Banking Regulation (Amendment) Ordinance, 2017 which gives power to Reserve Bank of India to initiate insolvency resolution process in respect of a default, under Insolvency Code of 2016.

Tags : President Pranab Mukherjee Banking Regulation (Amendment) Ordinance 2017

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