Bill provides for establishment of a resolution corporation with powers relating to transfer of assets to a healthy financial firm.
07 Dec 2017 10:49 AM
Technically, if FRDI Bill is enacted and a financial institution is failing, RC can convert our deposits into equity or preference shares.
03 Dec 2017 2:38 AM
All party parliamentary committee has to submit its report by last day of first week of winter session of Parliament.
06 Oct 2017 10:48 AM
In a representation submitted last week, they also demanded declaration of wilful default of bank loans as criminal offence.
18 Sep 2017 8:09 PM