What Centre Told Supreme Court About Insulating "Innocent Bribe Givers"
Thursday, February 21, 2019, 6:54 PM
The Centre on Wednesday defended its amendments to the Prevention of Corruption Act mandating its prior nod before proceeding against a public servant, asserting that it was intended to "insulate the innocent bribe-givers from harassment". The Centre has told the top court that the challenge to the constitutional validity of two provisions of a law could not be done in isolation.
Centre seeks RBI inputs for merger of public sector banks
Tuesday, December 18, 2018, 8:15 AM
Seeking to expedite the bank consolidation process, the government has sought inputs from the Reserve Bank of India (RBI) on certain regulatory aspects of the proposed amalgamation of state-run Bank of Baroda (BoB), Vijaya Bank and Dena Bank, a banking source told FE. Financial services secretary Rajiv Kumar had said the merger would help improve operational efficiency and customer services.