
State to move SC against RBI
The Hindu
Regulations imposed on cooperative bodies by the central bank
The State Government will approach the Supreme Court against the regulations imposed on cooperative bodies by the Reserve Bank of India (RBI), Minister for Cooperation V.N. Vasavan has said.
The Government had opposed the recent circular issued by the RBI cautioning public against cooperative societies that used the words ‘bank’, ‘banker’ or ‘banking’ as part of their names. The central bank had also noted that some cooperative societies were accepting deposits from non-members/ nominal members/ associate members, which is tantamount to conducting banking business in violation of the Banking Regulation Act.

The draft policy for “Responsible Digital Use Among Students”, released on Monday by the Department of Health and Family Welfare, has recommended that parents set structured routines with clear screen-time rules and prioritise privacy, safety, and open conversation with children on digital well-being.












