FRDI: FinMin working on FRDI bill, says Sitharaman
FRDI: FinMin working on FRDI bill, says Sitharaman
MUMBAI: The finance ministry is working on the contentious Financial Resolution and Deposit Insurance (FRDI) Bill but not sure when it will be tabled in the house, Union minister Nirmala Sitharaman said.
The comments assume importance given the massive five-fold hike in deposit insurance and the recent changes in the insolvency laws that included insolvency solutions for financial institutions.
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