{"id":231326,"date":"2020-06-24T18:23:34","date_gmt":"2020-06-24T12:53:34","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=231326"},"modified":"2020-06-24T18:26:41","modified_gmt":"2020-06-24T12:56:41","slug":"cabinet-approves-an-ordinance-to-bring-urban-and-multi-state-cooperative-banks-under-the-supervision-of-rbi","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/06\/24\/cabinet-approves-an-ordinance-to-bring-urban-and-multi-state-cooperative-banks-under-the-supervision-of-rbi\/","title":{"rendered":"Cabinet approves an ordinance to bring  Urban and Multi State Cooperative Banks under the supervision of RBI"},"content":{"rendered":"<p>While announcing a series of Cabinet Decisions, Union Minister, Prakash Javdekar announced the approval of an ordinance to bring Urban and Cooperative Banks under the supervision of Reserve Bank of India.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p><span class=\"r-18u37iz\">Cabinet<\/span><span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\"> approves an ordinance to bring 1,482 urban and 58 multi state cooperative banks under the supervision power of RBI.<\/span><\/p>\n<p><span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\">It will give an assurance to 8.6 crore depositors in these banks that their money will stay safe.<\/span><\/p>\n<p>[Source of Tweet: PIB India]<\/p><\/blockquote>\n<hr \/>\n<p>Cabinet<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While announcing a series of Cabinet Decisions, Union Minister, Prakash Javdekar announced the approval of an ordinance to bring Urban and Cooperative 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The Ordinance has extended the provisions of the Central\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":144271,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/cabinet-approves-integrated-goods-and-services-tax-amendment-bill-2017\/","url_meta":{"origin":231326,"position":2},"title":"Cabinet approves Integrated Goods and Services Tax (Amendment) Bill, 2017\u00a0","author":"Saba","date":"July 24, 2017","format":false,"excerpt":"The Union Cabinet has given its ex-post facto approval for the promulgation of the Integrated Goods and Services Tax (Extension to Jammu & Kashmir) Ordinance, 2017 and replacement of the Ordinance by the Integrated Goods and Services Tax (Amendment) Bill, 2017. 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