The bill seeks to amend section 45 of the Act in order to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for the reconstruction or amalgamation of the banking company without the necessity of first making an order of moratoriumThe bill seeks to amend section 45 of the Act in order to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for the reconstruction or amalgamation of the banking company without the necessity of first making an order of moratoriumtaxmann.com NewsRead More
