Tue, Jan 02, 2018
FRDI aims to bring in discipline among the financial service providers by initiating a limit on the use of public money to bail out distressed firms.
More >
Thu, Dec 14, 2017
The proposed Financial Resolution and Deposit Insurance (FRDI) Bill seeks to establish a ‘Resolution Corporation’ to monitor financial firms (along with regulators), and resolve them in case of failure, said the SBI Ecowrap report.
Thu, Dec 07, 2017
Apart from giving protection guarantee of Rs 1 lakh to depositors, the FRDI Bill will also look into the rights of uninsured depositors compared to the existing legal arrangements over the unsecured creditors and even government dues.
Fri, Aug 11, 2017
The Financial Resolution and Deposit Insurance Bill, 2017, was referred to the joint committee of the two houses after it was introduced in the Lok Sabha by Minister of State for Finance Arun Ram Meghwal.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
