Friday, Mar 29, 2024 | Last Update : 06:14 PM IST

Resolution Corporation

Banks can wipe out your money

Bail-in clause in the proposed law can make you lose your rights on your bank deposits.

03 Dec 2017 6:43 AM

It’s crucial to protect small banks

Technically, if FRDI Bill is enacted and a financial institution is failing, RC can convert our deposits into equity or preference shares.

03 Dec 2017 2:38 AM

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