https://www.taxtmi.com/acts?id=39370 The amendment provides that, from commencement by notification, the Industrial Development Bank of India Limited shall be deemed to have obtained a licence under the Banking Regulation Act, and that such deemed licence is a condition precedent to any government disinvestment of its stake resulting in receipts, with the amendments taking effect on a date appointed by the Central Government by notification in the Official Gazette. en-us Mon, 01 Feb 2021 18:28:11 +0530 Mon, 01 Feb 2021 18:28:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39370 The amendment provides that, from commencement by notification, the Industrial Development Bank of India Limited shall be deemed to have obtained a licence under the Banking Regulation Act, and that such deemed licence is a condition precedent to any government disinvestment of its stake resulting in receipts, with the amendments taking effect on a date appointed by the Central Government by notification in the Official Gazette. Act-Rules Bills Mon, 01 Feb 2021 18:28:11 +0530 https://www.taxtmi.com/acts?id=39370