Union Cabinet has approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill

Posted on:15 Jun 2017 09:15:45
Union Cabinet has approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill
15 June 2017 Current Affairs:

  • The Union Cabinet approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill, 2017.

  • This bill will provide a comprehensive resolution framework for financial sector entities to deal with bankruptcy situation in banks, insurance companies, and other entities.

  • The bill is proposed to strengthen and streamline the current framework of deposit insurance and to decrease the time and costs involved in resolving distressed financial entities. 


Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 June

17 JUNE
NEWS
16 JUNE
NEWS
15 JUNE
NEWS
14 JUNE
NEWS

Current Affairs 2018 May

31 MAY
NEWS
30 MAY
NEWS
29 MAY
NEWS
28 MAY
NEWS

Current Affairs 2018 April

30 APRIL
NEWS
29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS