Banking Regulation Act proposed in Union Budget

To improve bank governance, Banking Regulation Act has been proposed. SEBI will be empowered more, says Nirmala Sitharaman.
Tabling Budget in the Parliament today,she said,’A one-time new small saving scheme for a two-year period upto March 2025. A deposit facility in the name of a woman or girl at a fixed rate of 7.5% with partial withdrawal.’
States will be encouraged to set up a mall in the capital city or financial capital to display GI/local products