Financial Resolution And Deposit Insurance Bill
Legislative adventurism
A proposal for a new law on bank resolution has already raised many troubling questions
 "Legislative adventurism")
FRDI Bill: Irrelevant and unfair
The FRDI wants to grab the money of creditors and depositors above a limit, when banks or insurers are caught in a financial tsunami, for no fault of theirs
The third element of the exit framework
The system envisaged under the FRDI Bill would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms
 "The third element of the exit framework")
Comfort for depositors
The FRDI Bill must specify the amount guaranteed
Resolution corporation for financial firms in the works
A JPC is examining Financial Resolution and Deposit Insurance Bill
 "Resolution corporation for financial firms in the works")
Graphic: Dealing with bankruptcy
Total value of insured deposits stood at Rs 28,26,400 crore at the end of March 2016
 "Graphic: Dealing with bankruptcy")
Bhargavi Zaveri: New law should have firm foundations
By providing a definitive legal framework to deal with the resolution of financial firms, the draft Financial Resolution and Deposit Insurance Bill takes a leap of sorts in Indian financial regulation. But some chinks in the armour need to be fixed
