India:
The Ministry Of Corporate Affairs Vide Notification Dated 11.03.2020 Under Section 45 Of The Banking Regulation Act, 1949
To print this article, all you need is to be registered or login on Mondaq.com.
- MCA vide notification dated
11.03.2020 under section 45 of the Banking Regulation Act, 1949
hereby exempts a Banking Company from the application of the
provisions of Sections 5 and 6 of the Competition Act, 2002 in
public interest for a period of five years from the date of
publication of this notification in the Official Gazette.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from India
AKP Banking & Finance Digest- February 26, 2024
AK & Partners
On November 12, 2021, the Reserve Bank of India ("RBI") introduced the Retail Direct Scheme, designed to empower individual investors to participate in the government securities market.