November 11, 2019, Monday
Currently, resolution of stressed financial institutions cannot be taken up under the Insolvency and Bankruptcy Code (IBC).
November 06, 2019, Wednesday
DHFL is one of the largest HFCs that ran into trouble last year soon after the collapse of IL&FS
October 20, 2019, Sunday
Most legal experts believe had the FRDI Bill been enacted alongside the Insolvency and Bankruptcy Code, it would have helped the ...
October 17, 2019, Thursday
As reported earlier, the finance ministry has started work on reviving the Bill a year after withdrawing it
October 16, 2019, Wednesday
The government intends to hike the insurance cover of customers of a failed financial institution
August 07, 2018, Tuesday
A proposal to withdraw the bill was moved by Minister of State for Finance Pon Radhakrishnan and was approved by the House
August 01, 2018, Wednesday
The FRDI Bill sought to make an enabling law for creation of an independent Resolution Corporation to carry out speedy and ...
July 31, 2018, Tuesday
FRDI bill had raised concerns that deposits could be used to bail out the failing banks
July 23, 2018, Monday
What the Bankruptcy Code passed last year does for companies, the FRDI bill would have done for banks
