ASSOCHAM said on Thursday that the government’s assurance to protect the depositors’ interest in case a bank lands up in trouble needs to be spelt
Category: FRDA
FRDI Bill: View: By flirting with FRDI Bill, Modi government may be playing with fire – The Economic Times–14.12.2017
Trust in banks has been the strongest trait of the modern Indian financial system. The world of Rajaram Shinde is changing. The retired central government
Will FRDI Bill mean a throwback to the tumultuous pre-1960s? | Business Line–15.12.2017
Between 1913 and 1960, 1,600 private banks closed down operations and depositors lost all their money The Finance Ministry sought to allay apprehensions of savers/depositors
Bank union threatens strike if FRDI Bill not amended – The Economic Times–13.12.2017
All India Bank Employees Association (AIBEA) has threatened to go on strike if FRDI Bill is not amended to safeguard interest of depositors even as
When banks fail: A “bail-in” can be provided without undermining depositor interests–13.12.2017
The current generation of economic reforms revolves around creating a sound institutional architecture for a market economy. In this regard, an important legislation was the
FRDI bill: Your deposits are safe and banks cannot use them without your consent | analysis | Hindustan Times–13.12.2017
Bank deposits are the one true friend of a middle class Indian and any threat to their safety is terribly upsetting. The government will introduce
All you need to know about India’s NPA crisis and the FRDI Bill – The Hindu–11.12.2017
Mutual funds are advertised with the rider that they are subject to market risks, but what about fixed deposits? While caution is thrown to the
Needs a rethink | Business Line–11.12.2017
The Centre and the JPC must allay depositor concerns on bail-in, in the FRDI Bill There is furious public debate around the Financial Resolution and
Assuring depositors | Business Line–11.12.2017
Why should they suffer if a bank goes belly-up? The extent to which Indians are attached to their bank balances was visible a couple of
What does the FRDI Bill do for you? – The Hindu–11.12.2017
The FRDI Bill is part of a larger, more comprehensive approach by the Centre towards systematic resolution of all financial firms — banks, insurance companies
Bank insolvency Bill has safeguards for depositors | Business Standard News–09.12.2017
The Financial Resolution and Deposit Insurance (FRDI) Bill dealing with the insolvency of financial services providers such as banks seeks to provide protection to bank
Depositors’ money: drop ‘bail-in’ clause–Deccan Herald–09.12.2017
The government’s move to bring in legislation that will allow banks to use depositors’ money to save themselves from financial failure and bankruptcies has caused
What is FRDI Bill? Here is all you need to know in 10 points – The Financial Express–08.12.2017
The Union Cabinet chaired by Prime Minister Narendra had approved the proposal to introduce a Financial Resolution and Deposit Insurance (FRDI) Bill in June this
Comfort for depositors | Business Standard Editorials–08.12.2017
Finance Minister Arun Jaitley has sought to allay concerns of bank depositors about the safety of their savings by stating that the Financial Resolution and
Centre tries to allay FRDI Bill concerns | Business Standard News–08.12.2017
Amid concerns over the safety of deposits in banks due to provisions in the Financial Resolution and Deposit Insurance (FRDI) Bill, the finance ministry on
FRDI Bill does not adversely modify depositor protections: Government – The Hindu–08.12.2017
In an attempt to clear the air about bank deposit protection under the proposed Financial Resolution and Deposit Insurance (FRDI) Bill 2017, the government on
‘एफआरडीआय’ला विरोध सुरूच – महाराष्ट्र टाइम्स–०८.१२.२०१७
फायनान्शिअल रिझोल्युशन अँड डिपॉझिट इन्शुरन्स’ (एफआरडीआय) विधेयकाला विरोध सुरू असून यासंदर्भातील ऑनलाइन याचिकेला हजारहून अधिक जणांनी पाठिंबा दर्शवला आहे. प्रस्तावित विधेयक ठेवीदारांसाठी अधिक सुरक्षित असल्याचे
|बँक ठेवींवर सरकारचा डोळा? – महाराष्ट्र टाइम्स –०८.१२.२०१७
मोठ्या कष्टाने साठवलेल्या पैशातून तुम्ही बँकेत मुदतठेव ठेवून, मुदतपूर्तीनंतर ती परत घ्यायला गेलात आणि बँकेने परस्पर तिची मुदत वाढवल्याचे सांगितले तर यापुढे आश्चर्य वाटायला नको.
Reserve Bank employees bat for depositors; ask Urjit Patel to raise insurance 10-fold to Rs 10 lakh – The Financial Express–07.12.2017
The All India Reserve Bank Employee Association has written to RBI governor Urjjit Patel demanding security against the proposed Financial Resolution and Deposit Insurance Bill. The All
Bail-in doubts — on financial resolution legislation – The Hindu–07.12.2017
Finance Minister Arun Jaitley has wisely sought to allay fears about a “bail-in” clause in the Financial Resolution and Deposit Insurance Bill, 2017. Introduced in