Current Affairs · Banking Regulations
The Banking Laws (Amendment) Act, 2025 primarily aims to achieve which of the following objectives?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Remove the Cash Reserve Ratio (CRR) requirement entirely
- 2Privatize all existing Public Sector Banks (PSBs)
- 3Strengthen governance, enhance audit controls, and increase depositor protection✓
- 4Deregulate bank interest rates completely
Correct answer
Strengthen governance, enhance audit controls, and increase depositor protection
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