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RSS FeedsFRDI bill will protect rights of depositors: Arun Jaitley
(WorldNews India)


7 december 2017 12:41:48

FRDI bill will protect rights of depositors: Arun Jaitley
(WorldNews India)

NEW DELHI: Finance Minister Arun Jaitley on Wednesday said the proposed FRDI Bill protects the rights of depositors, denying reports to the contrary. `The Financial Resolution and Deposit Insurance Bill, 2017 is pending before the Standing Committee. The objective of the government is to fully protect the interest of the financial institutions and depositors,` he said in a tweet. The government stands committed to this objective, he added. According to Economic Affairs Secretary S C Garg, FRDI Bill proposes to protect existing rights of...
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