Financial Resolution-and-deposit-insurance-bill

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Financial Resolution-and-deposit-insurance-bill - Total results - 7
Government's FRDI Bill triggers bank run in Andhra Pradesh and Telangana
Business

Government's FRDI Bill triggers bank run in Andhra Pradesh and Telangana

Clarification by the Centre regarding the bail-in clause has failed to ease anxiety in the two southern states.

Ravi Shankar Prasad says P Chidambaram passed 80:20 scheme to benefit Gitanjali group
Politics

Ravi Shankar Prasad says P Chidambaram passed 80:20 scheme to benefit Gitanjali group

Union 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

PNB fraud: Mamata Banerjee says scam was fulled during demonetisation, demands unearthing of 'full truth'
Politics

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

Lok Sabha speaker Sumitra Mahajan calls all party meeting on 28 January ahead of Budget Session of Parliament
India

Lok Sabha speaker Sumitra Mahajan calls all party meeting on 28 January ahead of Budget Session of Parliament

Lok Sabha speaker Sumitra Mahajan has called an all party meeting on 28 January, a day before Budget Session commences

FRDI Bill: An analysis of global experience explains why depositors in India should be indeed worried
Business

FRDI Bill: An analysis of global experience explains why depositors in India should be indeed worried

In 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.

FRDI Bill: Arun Jaitley seeks to allay fears, says govt committed to protecting rights of depositors
Business

FRDI Bill: Arun Jaitley seeks to allay fears, says govt committed to protecting rights of depositors

The 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.