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BAIL IN CLAUSE
UPA govt brought amendments to UAPA: Owaisi blames Congress for prolonged detention of Umar Khalid, Sharjeel ImamAsaduddin Owaisi, AIMIM chief, has strongly criticized the Congress party. He alleges that amendments to the Unlawful Activities (Preventio...
Centre allows UPSC to perform Aadhaar-based authentication for candidates' verificationsThe Centre has permitted the UPSC to employ Aadhaar-based authentication to verify candidates' identities during registration and at variou...
New criminal laws may help reduce jail overcrowdingThe new criminal laws, known as BNSS, aim to address jail overcrowding by offering leniency to first-time offenders. Bail conditions have b...
Focus on 'Nyay' instead of 'dand': Amit Shah welcomes 'swadeshi' criminal lawsUnion home minister Amit Shah announced the implementation of three new criminal laws—Bharatiya Nyaya Sanhita (BNS), Bharatiya Nagrik Surak...
FinMin working on FRDI bill, says SitharamanThe comments assume importance given the massive five-fold hike in deposit insurance and the recent changes in the insolvency laws that inc...
The Bill that spooked bank customers across India has been withdrawnThe govt decided to withdraw FRDI Bill due to fear among the public about the the 'bail-in' clause.
Government to withdraw FRDI bill; writes to Parliamentary panelThe Bill, introduced in the Lok Sabha, on August 11 last year, had a 'bail-in' clause, which some experts said had the potential to harm de...
Government likely to withdraw controversial FRDI Bill in current Parliament sessionThe government is likely to withdraw the controversial FRDI Bill in the ongoing session of Parliament in view of concerns over the 'bail-in...
Monsoon Session: Government wants Sonia Gandhi, Mayawati and Mamata to back triple talaq billLet me make it clear that the Bill is not with regard to religion, mode of worship or faith. It has clear linkage to gender justice, gender...
House panel to examine ‘bail in’ clause of FRDI Bill, to meet todayThe Bill proposes to establish a comprehensive resolution regime to enable timely and orderly resolution of a failing financial firm.
What is a bank run? It's in full swing in Telangana and Andhra PradeshBanks in Telangana and AP are witnessing long queues for the closure of fixed deposits as well as withdrawals from saving bank accounts.
Want your bank deposits safe? Be ready to pay for itAny hike in insurance threshold would raise the amount of premium that banks will have to shell out, which they will eventually pass on to ...
FRDI Bill: Worried HNIs dial money managers over bail-in clauseMoney managers are receiving queries from clients regarding withdrawal of their deposits, despite assurances from the finance minister and ...
View: Worry not over FRDI bill, it's just undue fear fanning mass hysteriaLet us understand that what the FRDI Bill proposes is to enhance the degree of security ordinary people’s savings have at present, not take...
Depositors’ money in PSBs will be protected: Finance ministerThe Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 has a ‘bail-in’ clause that some people fear reduces the level of protecti...
Bank union threatens strike if FRDI Bill not amendedThe so-called "bail-in" clause in the draft legislation has been commented upon by experts as of bringing potential harm to deposits, in th...
Draft bill on resolution of financial firms credit positive: Moody's"This bill is therefore credit positive for Indian banks in terms of enhancing overall systemic stability."
Government to set up expert panel on Companies Act next week: Arun Jaitley"There were about 50 odd provisions (in the Companies Act, 2013) which were very hurting...", Finance Minister Arun Jaitley said.
Assam government looks to tighten law against ponzi schemeThe Bill also proposed to compound offences punishable under the Act "on payment of the entire amount due to the depositors with or without...
- 2G scam: Unitech did not manipulate records to become eligible, says Sanjay Chandra
Sanjay Chandra, MD of Unitech group told Delhi High Court that he did not manipulate documents to make his eight companies eligible for the...