Banking Bill in RS today

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SummaryThe Rajya Sabha, which was expected to adjourn sine die on Wednesday itself, is scheduled to function Thursday to push through important pending legislations, including the the Banking Laws (Amendment) Bill

The Rajya Sabha, which was expected to adjourn sine die on Wednesday itself, is scheduled to function Thursday to push through important pending legislations, including the the Banking Laws (Amendment) Bill.

The extension has been necessitated by the passage of the Bill in the Lok Sabha Tuesday.

In the Lok Sabha, the opposition BJP had extended its support to the Bill after Finance Minister P Chidambaram agreed to do away with the clause dealing with future trading. The Lok Sabha had also passed the Companies Bill on Tuesday. However, it may not be taken up in the Rajya Sabha because of some objections from the BJP.

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