.....The Standing Committee on Finance has recommended that the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) may set up a co-ordination mechanism to monitor funds flow in the stock market. This recommendation is a part of the Committee’s report on ‘the Prevention of Money Laundering (Amendment) Bill, 2011’. This report was submitted on Wednesday. Now the Government will consider all the suggestions before bringing the bill for consideration and passage in the Parliament...........
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