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Reserve Bank Governor Urjit Patel

Par panel to invite RBI governor to brief on FRDI Bill

All party parliamentary committee has to submit its report by last day of first week of winter session of Parliament.

6 Oct 2017 5:18 AM GMT

Bank unions have also demanded the government should reimburse them the cost of demonetisation. (Photo: Representational/PTI).

Bank unions demand withdrawal of FRDI Bill from FM

In a representation submitted last week, they also demanded declaration of wilful default of bank loans as criminal...

18 Sep 2017 2:39 PM GMT

No need for bail-in in 98 per cent cases, says Subhash Garg

The Joint Committee of Parliament has been asked to submit their report to the Parliament by the last day of the Budget...

3 Jan 2018 8:50 PM GMT

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

Finance ministry defends bail-in', says needs prior consent

It said that bail-in amounts to liabilities' holders bearing a part of the cost of resolution by reduction in their...

2 Jan 2018 7:30 PM GMT

Government should not push this bill anymore. It is not for common people but for filthy rich, TMC MP Derek O Brien said.

TMC dubs BJP-proposed FRDI Bill as 'Filthy Rich Defrauding Indians'...

The FRDI Bill involves laying out the rules regarding the winding up or revival of an ailing company.

18 Feb 2018 12:27 PM GMT

West Bengal Chief Minister Mamata Banerjee (Photo: PTI)

VIP bank customers are looting country, says Mamata Banerjee

She has demanded a thorough and time-bound investigation into the fraud in state-owned Punjab National Bank.

16 Feb 2018 8:00 PM GMT

West Bengal Chief Minister Mamata Banerjee said people must respect the orders of the Supreme Court. (Photo: PTI)

Withdraw FRDI Bill, CM writes to Centre again

This is her second letter to the Centre demanding withdrawal of the FRDI Bill.

15 Feb 2018 7:53 PM GMT

West Bengal Chief Minister Mamata Banerjee addresses a press conference at Nabanna (State Secretariat) in Kolkata on Saturday. (Photo: PTI)

WB becomes first state to opt out of 'Modicare', Mamata vows not to...

Addressing a rally in West Bengal, Mamata said the state will not 'waste' its hard-earned resources to contribute its...

14 Feb 2018 3:54 AM GMT

Department of Economic Affairs said the government is taking all steps to ensure that ATMs are supplied with cash as well as the ones which are non-functional are normalised at the earliest. (Photo: ANI | Twitter)

Printing of Rs 500 notes up, crisis ebbing, says govt

The government expects at least 80 per cent of ATMs to be functional from Thursday.

18 April 2018 8:30 PM GMT

Congress workers shouting slogans in front of RBI office during a protest against the Central Government over FRDI Bill, in Kolkata. (Photo: Abhijit Mukherjee)

Controversial FRDI Bill dropped

The contentious legislation was introduced in Upper House in Aug 2017.

18 July 2018 7:53 PM GMT

Congress workers shouting slogans in front of RBI office during a protest against the Central Government over FRDI Bill, in Kolkata. (Photo: Abhijit Mukherjee)

Govt likely to withdraw FRDI Bill in current Parliament session

The bill, introduced in the the lower house on August 11, 2017, has a 'bail-in' clause.

18 July 2018 2:24 PM GMT

A term plan is typically a pure insurance plan with no investment benefits, surrender value, or maturity benefit.

Centre plans new FRDI Bill, hike in deposit insurance

The source further said DICGC has proposed to hike deposit insurance to Rs 3 lakh from Rs 1 lakh, depending upon the...

17 Oct 2019 8:56 PM GMT