Banking Regulation Ordinance, 2017: RBI Gets Power to Initiate Insolvency Process Against Defaulters - (05 May 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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