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Joint Parliamentary Committee

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National Governance & Policy Just now (11:28 PM IST)

Opposition JPC Members Seek Longer Public Comment Window on FCRA Bill

Opposition members of the Joint Parliamentary Committee examining the Foreign Contribution Regulation Amendment Bill have asked for a four-week window for public comments, arguing that stakeholders need more time to assess the proposed changes. The demand comes as the committee prepares for deliberations on a bill that could reshape the regulatory framework governing foreign funding for civil society organisations and other recipients.

By RDU Global Wire6 min read
Banking, Fintech & InsuranceJust now (11:28 PM IST)

SBI Seeks Clarity on Bank Accounts Under Proposed FCRA Rules

State Bank of India has urged lawmakers to spell out clear banking procedures for organisations whose foreign contribution registrations lapse under proposed changes to Indiaโ€™s foreign funding law. The bankโ€™s submission to a parliamentary panel highlights a practical gap in how donations should be handled when compliance responsibility shifts to a government-designated authority.

5 min readRead โ†’
National Governance & PolicyJust now (04:54 PM IST)

Opposition Members on JPC Seek Longer Public Comment Window on FCRA Bill

Opposition members of the Joint Parliamentary Committee examining the Foreign Contribution Regulation Amendment Bill have sought a four-week window for public comments, arguing that stakeholders need more time to study the proposed changes before deliberations begin. The demand underscores wider concerns over legislative scrutiny and the pace at which major regulatory bills are being examined.

6 min readRead โ†’
Banking, Fintech & InsuranceJust now (12:26 PM IST)

India Likely to Set Up High-Level Banking Panel by October-End

India is likely to constitute a high-level panel on banking by the end of October, with its composition now being finalised, according to people familiar with the matter. The proposed body is expected to include a former Reserve Bank of India deputy governor, fintech industry leaders and a nominee from the Indian Banksโ€™ Association, signalling a broad-based review of banking priorities.

5 min readRead โ†’
Banking, Fintech & Insurance09 Oct 2026, 11:46 PM IST

SBI Seeks Clarity on Bank Accounts Under Proposed FCRA Rules

State Bank of India has urged lawmakers to spell out banking procedures for organisations affected by lapses in foreign contribution registration under the proposed Foreign Contribution (Regulation) Amendment Bill. The bankโ€™s concerns, raised before the Joint Parliamentary Committee, centre on how accounts should be handled when compliance responsibility shifts to a government-designated authority. The intervention highlights a key operational gap in the draft framework, even as opposition parties warn the bill could tighten scrutiny on NGOs and disadvantage minority groups that rely on overseas donations.

5 min readRead โ†’

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