Description

Sir, with regard to this Banking laws there is much to be said. After the nationalisation of banks several issues have cropped up. Here the Government proposes certain amendments out of which some are necessary but, I would like to draw the attention of the Hon'ble Minister to the Banking Laws Bill 70 of 1983 in which there is a proposal for prohibition of the acceptance of deposits by unincorporated bodies. About this I would like to stress this point because society has its structure in this country.

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