https://www.taxtmi.com/acts?id=36923 Amendment empowers the Central Government to appoint up to five whole time directors to corresponding new banks after consultation with the Reserve Bank, and permits the Central Government, by Gazette notification following such consultation, to post any appointed whole time director to another corresponding new bank, with "corresponding new bank" defined by reference to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. en-us Fri, 05 Jul 2019 18:44:25 +0530 Fri, 05 Jul 2019 18:44:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36923 Amendment empowers the Central Government to appoint up to five whole time directors to corresponding new banks after consultation with the Reserve Bank, and permits the Central Government, by Gazette notification following such consultation, to post any appointed whole time director to another corresponding new bank, with "corresponding new bank" defined by reference to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. Act-Rules Bill Fri, 05 Jul 2019 18:44:25 +0530 https://www.taxtmi.com/acts?id=36923