Union Railway Minister Ashwini Vaishnaw on Friday introduced the Railways (Amendment) Bill, 2024 in the Lok Sabha

The Railways (Amendment) Bill, 2024, was taken up for discussion in the Lok Sabha on Wednesday (December 4, 2024). “The Bill intends to amend the Railways Act of 1989 to enhance the powers of the Railway Board and improve operational efficiencies,” Union Minister for Railways Ashwini Vaishnaw said.

Bank stocks saw an uptick as the Lok Sabha passed the Banking Laws (Amendment) Bill, 2024, introducing multiple changes including allowing multiple nominees for depositors and altering regulations for bank directorships.

The Lok Sabha on Tuesday passed 19 amendments in The Banking Laws (Amendment) Bill 2024 in a bid to improve banking governance and enhance investors' protection.

Finance minister Nirmala Sitharaman piloted the Banking Laws (Amendment) Bill which was approved by a voice vote

In a bid to improve bank governance and enhance investor protection, the government on Tuesday passed an amendment bill in the Lok Sabha that brings about changes to five banking laws. Finance minister Nirmala Sitharaman said the Banking Laws (Amendment) Bill will strength bank governance,

Another proposed change in the Bill relates to redefining 'substantial interest' for directorships, which could increase to Rs 2 crore instead of the current limit of Rs 5 lakh fixed almost six decade