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You Searched For "Banking Regulation Amendment bill" and got 14 results


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3 mins read

Bill to provide up to four nominees to a bank account introduced in Lok Sabha

Another proposed change relates to redefining 'substantial interest' for directorships, which could…

PTI   


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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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1 min read

HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank

The Reserve Bank of India (RBI) has approved HDFC Bank's proposal to acquire an up to 9.5 per cent …

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2 mins read

RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system

The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…

ANI   


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Anthropic says it is closer to backing California's AI bill after lawmakers made some fixes. Here's what changed.

Anthropic says the benefits of California's AI bill now "outweigh its costs." But it still has some…

Lakshmi Varanasi   


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5 mins read

Beyond banking: How Slack is reshaping financial services for the digital age

In the ever-evolving landscape of financial services, technology has become the cornerstone of inno…

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3 mins read

Consumers reported losing $210 million to scams across payment apps last year. A new bill wants to help future victims get their money back.

Consumers defrauded while using Zelle or other peer-to-peer payment apps might have increased reimb…

John Towfighi   


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3 mins read

Bernie Sanders says Silicon Valley Bank's failure is the 'direct result' of a Trump-era bank regulation policy

Sanders said a Trump-era bill was to blame for the SVB bank run. The 2018 law rolled back bank regu…

Cheryl Teh   


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2 mins read

Crypto tax amendment fails to pass in the Senate despite last-minute compromise in infrastructure bill

The crypto tax reporting amendment, which clarifies who is impacted by the new rules, failed to pas…

Sophie Kiderlin   


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3 mins read

Silicon Valley Bank crisis: Everything you need to know about SVB Financial as regulators shut down the bank

Turmoil at the little known Silicon Valley Bank is dragging on some of the US's best-known blue-chi…

George Glover   


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2 mins read

Taxpayers with income marginally over ₹7 lakh to get relief under new tax regime

In a relief to taxpayers opting for the new tax regime, individuals earning a marginally higher inc…

PTI   


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2 mins read

Bryan Metzger   


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3 mins read

Joe Manchin says he looks at his 2018 vote on easing bank regulations 'differently now' after Silicon Valley Bank's collapse

In 2018, 13 Democrats joined Republicans in loosening bank regulations. The older regulations likel…

Juliana Kaplan,Ayelet Sheffey   


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1 min read

Billionaire investor Bill Ackman warns more banks will fail unless the FDIC insures all deposits

"The FDIC's failure to update and expand its insurance regime has hammered more nails in the coffin…

George Glover