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Government withdraws FRDI Bill

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Uno
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Username: Uno

Post Number: 3039
Registered: 03-2016
Posted From: 99.231.161.157

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Posted on Tuesday, August 07, 2018 - 04:25 pm:       

There have been concerns over the proposed 'bail-in' clause to resolve a failing bank and insurance cover on bank deposits.

The bill was introduced on August 10, 2017, in the House and then referred to the Joint Committee of Parliament.



http://www.newindianexpress.com/nation/2018/aug/07/governmen t-withdraws-frdi-bill-from-lok-sabha-1854701.html


Hope ,people will start depositing money back in the banks
I think real estate (land purchases) may have some impact

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