The FRDI Bill is part of a larger, more comprehensive approach by the Centre towards systematic resolution of all financial firms — banks, insurance companies
Category: RBI–Banks
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
RBI: This IIM professor is the lone dissenter in RBI’s MPC who is fighting for a rate cut – The Economic Times–07.12.2017
At the end of its two-day long policy review meet, the RBI on Wednesday kept the repo rate unchanged at 6 per cent. Five out
Urjit Patel: RBI holds policy rates, stance remains neutral – The Economic Times–07.12.2017
The Reserve Bank of India kept interest rates unchanged, citing pressure on prices, and bumped up inflation forecast for the rest of the fiscal year
Monetary policy: Hawkish RBI will spur FII flows, add to problem – The Financial Express–07.12.2017
Apart from the fact that consumer inflation has risen 30 bps since RBI’s monetary policy committee (MPC) last met and is likely to rise further,
RBI MPC keeps repo rate unchanged at 6%, tells banks to shape up | Business Standard News–07.12.2017
The Reserve Bank of India (RBI) kept its policy rate unchanged and stance neutral but its governor, Urjit Patel, set stiff conditions for ailing state-owned
We are already on the uptick in terms of credit growth: RBI | Business Standard News–07.12.2017
Reserve Bank of India (RBI) Governor Urjit Patel and senior officials spoke to the media after the fifth bi-monthly monetary policy review for FY18 on
Insolvency resolution: Top 5 steel firms need to pay Rs 29,000 cr to bid | Business Standard News–
Promoters of five steel majors undergoing insolvency resolution will have to cough up a total of at least Rs 29,000 crore to be eligible to
RBI’s justified caution | Business Standard Editorials–07.12.2017
As expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) concluded its two-day meeting with an announcement that the headline repo
