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FRDI Bill Page-2

Govt committed to protecting rights of depositors: Jaitley

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

It’s crucial to protect small banks

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

Par panel to invite RBI governor to brief on FRDI Bill

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

Bank unions demand withdrawal of FRDI Bill from FM

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