https://www.taxtmi.com/news?id=22912 The Ordinance extends the Banking Regulation Act to co operative banks, empowering the Reserve Bank to oversee governance, permit prior approved issuance of shares and long dated securities, and to declare reconstruction or amalgamation schemes to protect depositors and the banking system, while excluding certain primary agricultural credit societies and preserving State Registrar powers. en-us Sat, 27 Jun 2020 09:51:50 +0530 Wed, 11 Feb 2026 15:58:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22912 The Ordinance extends the Banking Regulation Act to co operative banks, empowering the Reserve Bank to oversee governance, permit prior approved issuance of shares and long dated securities, and to declare reconstruction or amalgamation schemes to protect depositors and the banking system, while excluding certain primary agricultural credit societies and preserving State Registrar powers. News - Sat, 27 Jun 2020 09:51:50 +0530 https://www.taxtmi.com/news?id=22912