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
Category: RBI–Banks
Bankruptcy: SMEs’ claims may get higher priority in liquidation cases – The Economic Times–12.12.2017
The government is looking at a proposal to give higher priority to the claims of small operational creditors in cases of liquidation under the bankruptcy
Insolvency guidelines: In collateral damage, a few good promoters will get hurt – The Financial Express–12.12.2017
This holds for cricket, where the commentator may have never held the bat or could have been a very unsatisfactory one-day batsman, but may still
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
Checking PF Balance, raising claim, applying for PAN and other things you can do using UMANG app–11.12.2017
UMANG (Unified Mobile Application for New-Age Governance), a master app launched by the government to provide the access to various government services at one place.
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
Govt moves to take control of Unitech; NCLT supersedes board | Business Standard News–09.12.2017
The corporate affairs ministry has moved the National Company Law Tribunal (NCLT) seeking management control of debt-ridden real estate company Unitech on the grounds of
New debit card charges may push retailers back to cash transactions | Business Standard News–09.12.2017
The Reserve Bank of India has revised merchant discount rate (MDR) from January next year. MDR will be 0.4 per cent of the purchase value
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
Banking reform and recapitalisation–Economic Times–08.12.2017
RBI governor Urjit Patel has said that infusion of capital in public sector banks will not be uniform across the banks. Those that have built
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.
RBI monetary policy: Has interest rate bottomed out? – The Economic Times–07.12.2017
The Reserve Bank of India has warned against possible spikes in prices and predicted Consumer Price Index to be in the range 4.3-4.7% in Q3 and