write a short note on financial resolutionand frdi
Answers
Answered by
4
The depositors of India's commercial banks are worried about the Financial Resolution and Deposit Insurance Bill (FRDI), 2017, which was tabled in Parliament in the last monsoon session and was expected to come up for discussion during the current winter sessio
Answered by
0
Explanation:
A financial resolution in a critical situaton when a person suffers from instant bankruptcy is regarded as a situation of destroying the interest and the overall investment of major creditors. this gives a room to the creditors and bank depositors to start it all freshly. the bill might not have the probability to be included during the budget sessions as the joint committee could also get an extension for report submission.
Similar questions