....The passage of the Bill, Shinjini Kumar, Director PWC India said, " Creates necessary condition for some of the important steps forward, the sufficient conditions will be known after RBI issues final guidelines". The Banking Laws ( Amendment) Bill, 2011 will now be taken up for discussion in the Rajya Sabha. " Since the bill is too important for me to pass, therefore I am bringing the Bill dropping the controversial clauses," Finance Minister P Chidambaram said.....
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