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FRDI Bill will establish ‘Resolution Corporation’ to monitor financial firms: SBI Ecowrap

FRDI Bill will establish ‘Resolution Corporation’ to monitor financial firms: SBI Ecowrap

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.

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