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Financial Resolution and Deposit Insurance News

19 Jul 2018

Govt likely to withdraw controversial FRDI Bill in current Parliament session

The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its nod for withdrawal of the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, they added.

18 Dec 2017

Govt unlikely to table FRDI Bill in Budget Session too

The joint committee on the FRDI Bill, 2017 have decided to seek extension of time up to the last day of Budget Session, 2018, as the report of the joint committee would not be ready for presentation by December 15.

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