The proposed Financial Resolution and Deposit Insurance (FRDI) Bill has generated a lot of noise with bankers threatening to go on strike if the Centre proceeds on the proposed legislation. This article looks at the FDRI Bill, its provisions and what it means to a bank depositor. By Girish Baga, Educationist At the outset, there…
Money matters: Professional fees or deposits in Banks
December 10, 2017Musings on hefty lawyer fee and the new FRDI Bill A country’s governance is based on many systems put in place. No matter the form of the Government is Democracy, Communism, Oligarchy, Military Dictatorship or Religion-based Republic. The Constitution can always be written down as one wants or the existing one may be given a…
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