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Economy

Bill to ban unregulated deposit schemes introduced in Lok Sabha

Updated : July 19, 2018 07:05 AM IST

The Banning of Unregulated Deposit Schemes Bill, 2018, aims to prevent unregulated deposit schemes or arrangements at their inception and makes soliciting deposits related to an unregulated deposit scheme a punishable offence. 
Two other bills - The Airports Economic Regulatory Authority of India (Amendment) Bill, 2018 and The Arbitration and Conciliation (Amendment) Bill, 2018 - were also introduced in the Lok Sabha. 
Bill to ban unregulated deposit schemes introduced in Lok Sabha
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