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  Need legally-backed 'resolution corporation' to deal with stressed financial firms: RBI Governor

  Business | July 11, 2020 16:51 IST

  Reserve Bank Governor Shaktikanta Das on Saturday advocated the creation of a 'resolution corporation' with legislative backing for resolution and revival of stressed financial firms. 

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  Govt to withdraw FRDI Bill; writes to Parliamentary panel

  Business | August 01, 2018 11:56 IST

  The government understood that with such a bill, it would not have won the elections next year as there were concerns about depositors' money, the TMC said. 

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  Cabinet drops controversial FRDI bill following concerns over security of bank deposits: Report

  Business | July 18, 2018 16:26 IST

  The misconception that led to panic withdrawal of cash from banks was reportedly one of the reasons cited for the withdrawal.

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  Govt may drop FRDI Bill following concerns over security of bank deposits

  Business | July 18, 2018 12:46 IST

  Withdrawal of cash by depositors and eroded public trust have been cited as reasons for the bill to be dropped.

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  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up to Rs 1 lakh are protected under the Deposit Insurance and Credit Guarantee Corporation Act that is sought to be repealed by the bill.

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  Opinion | Rajat Sharma on FRDI Bill: 'Why PM scotched rumours being spread about bank deposits'

  December 14, 2017 11:57 IST

  Congress leaders like Anand Sharma have been posing questions based on rumours, and one should be aware about the sources trying to create unnecessary panic among bank depositors.

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  FRDI Bill: PM Modi tries to allay fears, says your money is safe in banks

  Business | December 13, 2017 18:47 IST

  Addressing the Ficci annual general meeting, he said rumours were being spread by some sections about provisions of the proposed FRDI Bill.

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  FRDI Bill 2017: Bank employees threaten to go on strike against 'bail-in clause'

  Business | December 12, 2017 15:43 IST

  According to AIBEA, at a time when people are already worried about their money in the banks, the government instead of assuring the people about safety has chosen to bring this FRDI Bill which deals with possible liquidation of banks.

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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 IST

  This 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 IST

  The 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 IST

  What the FRDI Bill is all about and why it has sparked fears in bank depositors.

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