Banking Laws (Amendment) Act, 2025
1. Introduction: Why the Amendment Was Needed
India’s banking system has modernised rapidly with digital tools, wider services and global competition. But many banking laws remained outdated. The 2025 Amendment attempts to simplify compliance, improve governance, and protect depositors. At the same time, worries persist that giving banks greater autonomy—such as control over auditor fees and reduced reporting—may weaken regulatory safeguards, especially in cooperative banks which already face governance problems. Read More
Date :17-01-2026