11Aug 2024
NEW BANKING REPORTING NORMS TO ENHANCE POLICY ACCURACY
Why in the news? Finance Minister Nirmala Sitharaman announced amendments to banking laws, emphasising new reporting norms to improve data accuracy for policy-making and introducing customer-friendly nomination provisions. source:slideshare About the new reporting norms and amendments: Finance Minister Nirmala Sitharaman emphasized the importance of new reporting norms for banks as part of the amendments to …
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