Commencement of this Part.

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Full Text of the Document

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.... - Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to amend section 45-IA of the Act so as to enhance the existing amounts of the net owned fund of a non-banking financial company. It is further proposed to insert new sections 45-ID and 45-IE in the Act so as to provide power to the Reserve Bank to remove directors of a non-....