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Dynamite News
Dynamite News
National
DN Bureau

Delhi HC Seeks RBI Stand On PIL Seeking Uniform Banking Code For Foreign Exchange Transactions

RBI Ashwini Kumar Upadhyay Delhi High Court Reserve Bank of India India
Delhi High Court (File)

New Delhi: The Delhi High Court on Monday sought a response from the Reserve Bank of India (RBI) on a Public Interest Litigation (PIL) seeking direction to implement a Uniform Banking Code for foreign exchange transactions to control black money generation and Benami transactions.

The Bench of Justice Satish Chander Sharma and Justice Subramonium Prasad while issuing notice to RBI said the matters need a detailed hearing.

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