Tuesday, July 31, 2018

Govt to withdraw FRDI bill; writes to Parliamentary panel

Govt to withdraw FRDI bill; writes to Parliamentary panel The Union Cabinet had earlier this month decided to withdraw the legislation in view of the concerns expressed by certain sections of people, including politicians, over the #39;bail-in#39; clause, which they feared would harm the interest of depositors.

from Moneycontrol Business News https://ift.tt/2vlwVoA

No comments:

Post a Comment

Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...