The Financial Resolution and Deposit Insurance (FRDI) Bill raises some very interesting issues for discussion. Banks are very unique entities. In case of non-bank corporates,
Category: RBI–Banks
FRDI–Can we bank on our banks? | Business Line–20.12.2017
The Government must clear concerns around the FRDI Bill To say that there is panic among retirees, pensioners and those dependant on interest earned from
Access to info utilities under bankruptcy law: IBBI proposes, RBI disposes | Business Standard News–19.12.2017-R
Even as the Insolvency and Bankruptcy Board of India (IBBI) has issued standards for public information registries or information utilities to make the bankruptcy process
FRDI Bill: Government unlikely to table FRDI Bill in Budget Session too – Times of India–19.12.2017
The Financial Resolution and Deposit Insurance (FRDI) Bill may not be introduced in Parliament even during the Budget Session, as the joint committee looking into
ASSOCHAM asks govt to remove bail-in from FRDI Bill, says bank deposits only financial security of pensioners–BUSINESS TODAY–18.12.2017
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
RBI sets up helpline to check bank accounts hacking–BUSINESS TODAY–18.12.2017
The RBI has stepped up its awareness drive against conmen who have become increasingly active in trapping unsuspecting individuals to part with details of their
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
Veritas: MSME lender Veritas raises Rs 120-cr round led by UK govt’s CDC Group – The Economic Times–14.12.2017
The UK government’s development finance institution CDC Group has led a Rs 120-crore investment round in financial services firm Veritas Finance along with existing investor
Unitech takeover by Centre a good idea, may bring relief to homebuyers – The Financial Express–14.12.2017
The government’s decision to take over Unitech, which has failed to deliver homes to thousands who booked apartments, shows it means business. While it is
Unitech shares crash after SC stay order on govt takeover of realty major | Business Standard News–14.12.2017
The Supreme Court has stayed the National Company Law Tribunal’s (NCLT’s) order allowing the government to take charge of the management of stressed real estate
नवे निश्चलनीकरण? | लोकसत्ता –14.12.2017
बँक बुडण्याशी तिच्या गुंतवणूकदारांचा वा ठेवीदारांचा काहीही संबंध नसताना न केलेल्या कृत्यांची शिक्षा त्यांना का? विद्यमान सरकार आर्थिक आघाडीवर काही करू पाहते याचा सुगावा जरी
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
No MDR charges on debit card payments up to Rs 2000, govt to reimburse banks | business-news | Hindustan Times–16.12.2017
The merchant discount rate (MDR) charges on transactions up to Rs 2,000 made through debit cards, BHIM UPI or Aadhaar-enabled payment systems will be borne
Credit Rating: Forget credit rating, your social media posts may decide whether you will get a loan or not – The Economic Times–13.12.2017
The credit information bureaus are operating with specified legal framework and have well-defined work. Loan officers at Kotak Mahindra Bank are spending more time in
Unitech wants Supreme Court to stay NCLT order immediately – The Economic Times–13.12.2017
Unitech on Tuesday urged the Supreme Court to immediately stay the National Company Law Tribunal’s (NCLT) order directing the government to takeover the builder’s management.
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
Why differentiate between NCLT, non-NCLT cases: Sajjan Jindal | Business Standard News–13.12.2017
JSW Group Chairman Sajjan Jindal has questioned why the promoters of stressed assets in the RBI’s second list were allowed to participate in the debt
SC says NCLT order on Unitech ‘disturbing’, hearing to resume today | Business Standard News–13.12.2017
The Supreme Court has expressed its unhappiness over the National Company Law Tribunal (NCLT) passing an order against realty major Unitech, putting at risk the
Unwise move | Business Standard Editorials–13.12.2017
The affairs of real estate giant Unitech have taken a new and disturbing turn. The company is in trouble essentially because it has failed to
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