Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Privatisation of PSU banks: Govt to bring amendments to two legislations    </title>
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Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks

To facilitate the privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year.

Amendments..."/>
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Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks

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    <h1 class="cat-box-title">Privatisation of PSU banks: Govt to bring amendments to two legislations</h1>
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                            <p style="text-align:justify">-Livemint.com/ PTI</p><p style="text-align:justify"><em>Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks</em></p><p style="text-align:justify">To facilitate the privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year.</p><p style="text-align:justify">Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said.</p><p style="text-align:justify">These Acts led to the nationalisation of banks in two phases and provisions of these laws have to be changed for the privatisation of banks, they said.</p><p style="text-align:justify">As the government has already announced the list of legislative business for the Budget session, it is expected that these amendments may be introduced in the Monsoon session or later during the year, sources added.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/privatisation-of-psu-banks-govt-to-bring-amendments-to-two-legislations-11613463939073.html" title="https://www.livemint.com/industry/banking/privatisation-of-psu-banks-govt-to-bring-amendments-to-two-legislations-11613463939073.html">click here</a> to read more.</p>                                                           
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                            <p style="text-align:justify">-Livemint.com/ PTI</p><p style="text-align:justify"><em>Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks</em></p><p style="text-align:justify">To facilitate the privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year.</p><p style="text-align:justify">Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said.</p><p style="text-align:justify">These Acts led to the nationalisation of banks in two phases and provisions of these laws have to be changed for the privatisation of banks, they said.</p><p style="text-align:justify">As the government has already announced the list of legislative business for the Budget session, it is expected that these amendments may be introduced in the Monsoon session or later during the year, sources added.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/privatisation-of-psu-banks-govt-to-bring-amendments-to-two-legislations-11613463939073.html" title="https://www.livemint.com/industry/banking/privatisation-of-psu-banks-govt-to-bring-amendments-to-two-legislations-11613463939073.html">click here</a> to read more.</p>                                                           
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Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks

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    <h1 class="cat-box-title">Privatisation of PSU banks: Govt to bring amendments to two legislations</h1>
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                            <p style="text-align:justify">-Livemint.com/ PTI</p><p style="text-align:justify"><em>Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks</em></p><p style="text-align:justify">To facilitate the privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year.</p><p style="text-align:justify">Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said.</p><p style="text-align:justify">These Acts led to the nationalisation of banks in two phases and provisions of these laws have to be changed for the privatisation of banks, they said.</p><p style="text-align:justify">As the government has already announced the list of legislative business for the Budget session, it is expected that these amendments may be introduced in the Monsoon session or later during the year, sources added.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/privatisation-of-psu-banks-govt-to-bring-amendments-to-two-legislations-11613463939073.html" title="https://www.livemint.com/industry/banking/privatisation-of-psu-banks-govt-to-bring-amendments-to-two-legislations-11613463939073.html">click here</a> to read more.</p>                                                           
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Privatisation of PSU banks: Govt to bring amendments to two legislations

Published on Feb 16, 2021   Modified on Feb 17, 2021

-Livemint.com/ PTI Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks To facilitate the privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year. Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said. These Acts led to the nationalisation of banks in two phases and provisions of these laws have to be changed for the privatisation of banks, they said. As the government has already announced the list of legislative business for the Budget session, it is expected that these amendments may be introduced in the Monsoon session or later during the year, sources added. Please click here to read more.

Livemint.com/ PTI, 16 February, 2021, https://www.livemint.com/industry/banking/privatisation-of-psu-banks-govt-to-bring-amendments-to-two-legislations-11613463939073.html

Tagged with: Public Sector Banks Privatisation of Banks Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980

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