Rajya Sabha passed the Banning of Unregulated Deposit Schemes Bill 2019

BANNING OF UNREGULATED DEPOSIT SCHEMES BILL, 2019   For: Preliminary & Mains Topics covered: All about Unregulated Scheme bill 2019   News Flash Rajya Sabha passed The Banning of Unregulated Deposit Schemes Bill, 2019. The Bill provides for a mechanism to ban unregulated deposit schemes and protect the interests of depositors. The bill seeks to amend three laws: The Reserve Bank of India Act, 1934 The Securities and Exchange Board of India Act, 1992 The…

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