Moving the Banking Regulation (Amendment) Bill, 2020 in the Lok Sabha, Sitharaman said the government was compelled to come out with an ordinance during the lockdown period as the condition of the cooperative banks was "grave".
source https://economictimes.indiatimes.com/industry/banking/finance/banking/changes-in-banking-regulation-law-aimed-at-improving-governance-in-cooperative-banks-fm/articleshow/78149342.cms
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