Rajya Sabha passes International Financial Services Centres Authority Bill, 20191 min read . Updated: 12 Dec 2019, 10:01 PM IST
- Apart from regulating all financial services and products, the authority can also recommend any other financial products to the central government
- The Lok Sabha passed Bill on Wednesday and will become a law after the President’s assent
The Rajya Sabha on Thursday passed the International Financial Services Centres (IFSCs) Authority Bill, 2019 towards setting up a unified authority to regulate all financial services in IFSCs in the cpuntry.
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