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New Indian banking laws aim to protect investors and improve governance with several key changes.
New banking laws in India, effective August 1, aim to enhance governance and protect investors.
Changes include raising the 'substantial interest' threshold to ₹2 crore, extending cooperative bank directors' terms to 10 years, and allowing public sector banks to decide auditor remuneration.
Unclaimed shares and bond dues will also be transferred to the Investor Education and Protection Fund.
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Las nuevas leyes bancarias indias tienen como objetivo proteger a los inversores y mejorar la gobernanza con varios cambios clave.