Financial reforms

The Reserve Bank of India (RBI) has opposed the proposal of Financial Sector Legislative Reforms Commission (FSLRC) to form a super-regulator for the financial sector citing various reasons including lack of focus and unconvincing results in the foreign ...

The 10-member Financial Sector Legislative Reforms Commission (FSLRC), led by Justice B N Srikrishna, has proposed to have as many as seven regulatory agencies to oversee the sector, putting the idea of a super regulator on the back burner for now.

The Financial Sector Legislative Reforms Commission wants to restructure, or effectively dismember, the RBI by arguing that it has too much on its plate.

The Financial Sector Legislative Reforms Commission (FSLRC), which submitted its report recently, has been accused of taking away decision making power from the Reserve Bank of India (RBI) and thrusting it into the hands of the government.

"Legislative Proposals to Relieve the Red Tape Burden on Investors and Job Creators," including discussion of H.R.1135, the "Burdensome Data Collection Relief Act"; H.R.1105, the "Small Business Capital Access and Job Preservation Act"; H.R.1564, ...

PRESS INFORMATION BUREAU GOVERNMENT OF INDIA *** P. CHIDAMBARAM'S SPEECH AT ICSI SEMINAR ON INDIAN FINANCIAL CODE New Delhi, Jyaishtha01, 1935 May 22 , 2013 The Union Finance Minister P. Chidambaram has said that multiplicity of Institutions and ...

New Delhi, May 22 (IBNS) Union Finance Minister P. Chidambaram on Wednesday said passing legislation in India is not easy due to several obstructions. Speaking at the Institute of Company Secretaries of India (ICSI) National Seminar of Indian ...

Vice-President of the European Commission, EU Justice Commissioner NATO Parliamentary Assembly/Luxembourg The Internet is the infrastructure of the modern age. It accounted for more than 20% of GDP growth in the world's major economies over the last ...

The U.S. House approved a bill Friday that would force the Securities and Exchange Commission to review rules considered to be stalling job creation. The SEC Regulatory Accountability Act, which attracted 17 votes from Democrats and locked-in ...