Amendments to be Moved to Banking Laws and Insurance Laws.

Press Information Bureau

Government of India

Ministry of Finance

16-March-2012 14:40 IST

Amendments to be Moved to Banking Laws and Insurance Laws

The official amendments to “The Pension Fund Regulatory and Development Authority Bill 2011”, “The Banking Laws (Amendment) Bill, 2011” and “The Insurance Laws (Amendment) Bill 2008” will be moved in the current session of the Parliament.

The Union Finance Minister ShriPranab Mukherjee said during the Budget Speech in the LokSabha today that these amendments are based on the recommendation of the Standing Committee on Finance that has gone into details of the above bills.

DSM/RC/SKS/43