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Banks can wipe out your money

Banks can wipe out your money

Bail-in clause in the proposed law can make you lose your rights on your bank deposits.

3 Dec 2017 6:43 AM IST

Using earned money of depositors to bail out a bank amounts to gross interference by the government.

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...

3 Dec 2017 2:38 AM IST