Lok Sabha Passes Banking Laws (Amendment) Bill 2024
04
Dec
Lok Sabha Passes Banking Laws (Amendment) Bill 2024 Sub : Eco Sec: Monetary Policy Key Highlights of the Bill Increased Nominee Limit: Bank account holders can now nominate up to four nominees. Substantial Interest Redefined: The limit for “substantial interest” in directorships raised from ₹5 lakh to ₹2 crore. Extended Director Tenure: Tenure […]