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No need for bail-in in 98 per cent cases, says Subhash Garg

The Joint Committee of Parliament has been asked to submit their report to the Parliament by the last day of the Budget...

4 Jan 2018 2:20 AM IST

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

Finance ministry defends bail-in', says needs prior consent

It said that bail-in amounts to liabilities' holders bearing a part of the cost of resolution by reduction in their...

3 Jan 2018 1:00 AM IST

Congress workers shouting slogans in front of RBI office during a protest against the Central Government over FRDI Bill, in Kolkata. (Photo: Abhijit Mukherjee)

Controversial FRDI Bill dropped

The contentious legislation was introduced in Upper House in Aug 2017.

19 July 2018 1:23 AM IST

D.S. Rawat, Secretary general, Assocham

Assocham asks Centre to drop bail-in' clause

Panic among depositors only due to the said provision.

15 Dec 2017 12:38 AM IST