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'Bail-In' For Banks: Depositors' Fears Justified?

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  • Published On: December 13, 2017
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A parliamentary panel is reviewing the Financial Resolution and Deposit Insurance Bill after it was tabled in the Lok Sabha in August. The bill seeks to set up a body that will help banks and financial institutions in distress by allowing them to access depositors' money. The government has assured people will not lose their deposits, but are their fears justified?
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