Delhi LG Must Not Ignore Council Of Ministers Irrespective Of SC Verdict

By Dr. Gyan Pathak Even though Supreme Court of India has given its verdict that Lieutenant Governor (LG) of Delhi has power to nominate ‘aldermen’ to the Municipal Corporation of Delhi (MCD) under Delhi Municipal Corporation Act, 1957 without aid and advice of the Council of Ministers of Delhi, LG must continue the tradition of […]

By Sushil Kutty All banks have a savings account product with minimum balance requirements. If the minimum account balance (MAB) is not maintained, a fee is charged. However, in the interest of financial inclusion, the RBI mandated that all banks should also offer a no-fee zero account balance basic savings bank deposit account (BSBDA). But […]