failed banks

'failed banks' - 3 Search Result(s)

Modi govt likely to defer introducing FRDI Bill in Budget Session of Parliament
Business | January 17, 2018 17:18 IST
At present, all deposits up to Rs 1 lakh are protected under the Deposit Insurance and Credit Guarantee Corporation Act that is sought to be repealed by the bill.
FRDI Bill transparent, will protect depositors' rights: FinMin allays fears on bank ‘bail-in’ provision
Business | December 08, 2017 9:45 IST
The Finance Ministry said the provisions contained in the FRDI Bill do not modify present protections to the depositors adversely at all.
FRDI Bill and 'bail-in' clause: An explainer on existing law, new bill, fears, Govt's 'rethink' signal
Business | December 07, 2017 16:14 IST
What the FRDI Bill is all about and why it has sparked fears in bank depositors.