Banking Laws

Banking Laws (Amendment) Act, 2025 to Enhance Governance and Protection

Official Press

30 Jul 2025

The Banking Laws (Amendment) Act, 2025, effective from August 1, 2025, introduces 19 amendments across five key banking legislations. It aims to improve governance standards, enhance depositor protection, and align cooperative banks with constitutional norms. Key changes include redefining 'substantial interest' thresholds, increasing director tenures in cooperative banks, and allowing public sector banks to transfer unclaimed assets to the Investor Education and Protection Fund.

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Recent Diplomatic Updates from India's Ministry of External Affairs

Key Diplomatic Updates from the Ministry of External Affairs

India-Sri Lanka HTA Workshop Commences for Health Technology Assessment

VOC Port Hosts Key Event on AI Advances in Maritime Operations