Financial Resolution And Deposit Insurance Bill 2017
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Modi govt likely to defer introducing FRDI Bill in Budget Session of Parliament
Business | January 17, 2018 17:18 ISTAt 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up to Rs 1 lakh are protected under the Deposit Insurance and Credit Guarantee Corporation Act that is sought to be repealed by the bill.
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FRDI Bill and bail-in clause: Depositors to be ‘fully protected’ in the event of bank failure, assures FM Arun Jaitley
Business | December 12, 2017 15:27 ISTThis is the third clarification within a week by the government amid mounting criticism on the bail-in clause in the FRDI Bill.
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FRDI Bill transparent, will protect depositors' rights: FinMin allays fears on bank ‘bail-in’ provision
Business | December 08, 2017 9:45 ISTThe Finance Ministry said the provisions contained in the FRDI Bill do not modify present protections to the depositors adversely at all.
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FRDI Bill and 'bail-in' clause: An explainer on existing law, new bill, fears, Govt's 'rethink' signal
Business | December 07, 2017 16:14 ISTWhat the FRDI Bill is all about and why it has sparked fears in bank depositors.
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