Latest News on Financial Resolution And Deposit Insurance Bill
Showing of 0 - 10 from 7 results
Financial Resolution And Deposit Insurance Bill - Total results - 7
Jul 19, 2018
FRDI Bill: Govt scrapping it is good news for depositors; but India needs stronger laws to handle banks that go brokeThe government could have retained the FRDI Bill, tweaking the controversial provisions
Mar 30, 2018
Government's FRDI Bill triggers bank run in Andhra Pradesh and TelanganaClarification by the Centre regarding the bail-in clause has failed to ease anxiety in the two southern states.
Mar 05, 2018
Ravi Shankar Prasad says P Chidambaram passed 80:20 scheme to benefit Gitanjali groupUnion Minister Ravi Shankar Prasad launched a scathing attack against Congress, accusing them of indulging in the "politics of confusion and fear" since the past four years of the NDA government
Feb 18, 2018
PNB fraud: Mamata Banerjee says scam was fulled during demonetisation, demands unearthing of 'full truth'Mamata Banerjee said that $1.8 billion Punjab National Bank fraud was fuelled during demonetisation and demanded unearthing of the "full truth" behind scam
Jan 25, 2018
Lok Sabha speaker Sumitra Mahajan calls all party meeting on 28 January ahead of Budget Session of ParliamentLok Sabha speaker Sumitra Mahajan has called an all party meeting on 28 January, a day before Budget Session commences
Dec 13, 2017
FRDI Bill: An analysis of global experience explains why depositors in India should be indeed worriedIn India, the deposit protection limit is Rs 100,000, roughly one-sixtieth of the value protected in other jurisdictions. The Rs 1 lakh limit was set in 1993, and hasn’t been upgraded since.
Dec 07, 2017
FRDI Bill: Arun Jaitley seeks to allay fears, says govt committed to protecting rights of depositorsThe bill provides for establishment of a resolution corporation with powers relating to transfer of assets to a healthy financial firm, merger or amalgamation, liquidation to be initiated by an order of the National Company Law Tribunal.