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Old December 8th, 2017, 11:37 AM
ashdoc ashdoc is offline
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FRDI bill and it's controversial 'bail in' clause

The bill is for saving failing banks. It's most controversial clause is the 'bail in' clause. It stipulates that if the bank you have deposited your money in is not doing well then the government will use your deposited money to save the bank. All your deposits will be wiped out to save the bank.


https://www.google.co.in/amp/m.india...1/1103422.html
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Last edited by ashdoc; December 8th, 2017 at 11:41 AM.
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