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Home » FRDI bill 2017 – Financial and Deposit Insurance Bill 2017 – Will banks wipe out your money? financial bill

FRDI bill 2017 – Financial and Deposit Insurance Bill 2017 – Will banks wipe out your money? financial bill



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FRDI bill 2017 - Financial and Deposit Insurance Bill 2017 - Will banks wipe out your money?

FRDI bill 2017 – Financial and Deposit Insurance Bill 2017 – Will banks wipe out your money?

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FRDI bill 2017 – Financial and Deposit Insurance Bill 2017 – Will banks wipe out your money?
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29 thoughts on “FRDI bill 2017 – Financial and Deposit Insurance Bill 2017 – Will banks wipe out your money? financial bill”

  1. to all those guys who are saying that it is looting of common man…..you didn't get the video. It is like an extension of Insolvency and bankruptcy code. If you are having an account in axis bank and lets say X bank is bankrupt your money will not be taken but the money of people in X bank is taken for bail in situation. In bail out situation your money is also being taken in forms of taxes you paid. There has to be a way out, either this or that. People saying that companies which took money will enjoy with banks money and you will be on loosing side, you need to understand that banks are financial creditor to those companies and they will be dragged to NCLT for insolvency and the proceedings will lead to insolvency resolution or liquidation. SOOO.. the bank will get its money back. The chance of bank going bankrupt even after insolvency is very very rare. Only in that scenario FRDI is used. Just Don't look it in the image of BJP's Law or Congress's law…Be neutral and understand it.

  2. जब बँक हर काम के charges लगाती है सीवाय स्टँडिंग instruction के और जीस को भी loan देती है उसकी सारी प्रॉपर्टी बँक के पास morguage होती है तो बँक घाटे मे कैसे जा सक ती है

  3. It is another good policy to loot indian weaker sections. Some one enjoy on your money and lastly say I am sorry l get bankrupt like Vijay Maliya. 1 Lakh is also suspicious for those middle class whose whole life saving is in bank. Even customers will isn't required.,,, God bless this policy makers,,,, Thanks

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