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Industry Chamber Assocham Asks Centre To Drop "Bail-In" Clause From FRDI Bill
Industry chamber Assocham asked the Centre to remove the “bail-in” clause from the draft Financial Resolution and Deposit Insurance (FRDI) Bill. Assocham said that the FRDI bill has generated panic amongst depositors and there is an erosion of trust due to the Clause 52. The new FRDI bill 2017 has...