Financial Resolution And Deposit Insurance Bill 2017

The joint committee on the FRDI Bill, 2017 has decided to seek extension of time up to the last day of Budget Session, 2018

A proposed law which the government claims will help contain the impact of a failing bank is also designed to protect the rights of depositors, Finance Minister Arun Jaitley has said to allay worries that a "bail-in" provision allows depositors' money to be used by weak institutions to pay out of a total collapse. The Financial Resolution and Depos...

The Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill), was introduced in the Lok Sabha on August 11, 2017. The bill is presently under consideration of the Joint Committee of Parliament.

The joint committee on the FRDI Bill, 2017 has decided to seek extension of time up to the last day of Budget Session, 2018

A proposed law which the government claims will help contain the impact of a failing bank is also designed to protect the rights of depositors, Finance Minister Arun Jaitley has said to allay worries that a "bail-in" provision allows depositors' money to be used by weak institutions to pay out of a total collapse. The Financial Resolution and Depos...

The Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill), was introduced in the Lok Sabha on August 11, 2017. The bill is presently under consideration of the Joint Committee of Parliament.