The Banking Laws (Amendment) Bill, 2024: Modernising India’s Financial Sector
December 3rd, 2024, marks a significant milestone in the history of India’s banking sector with the introduction of the Banking Laws (Amendment) Bill, 2024. The bill proposed vital changes and amendments in existing critical laws such as the Reserve Bank of India Act, 1934; the Banking Regulation Act, 1949; the State Bank of India Act,…