https://www.taxtmi.com/news?id=18179 The Financial Resolution and Deposit Insurance Bill, 2017 establishes a comprehensive financial resolution framework for specified financial sector entities and provides for a Resolution Corporation to assume deposit insurance powers, repeal or amend resolution-related provisions in sectoral Acts, protect financial system stability, protect consumers of covered obligations up to a reasonable limit, and safeguard public funds while reducing time and costs in resolving distressed financial entities. en-us Wed, 14 Jun 2017 13:20:29 +0530 Wed, 14 Jun 2017 13:20:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18179 The Financial Resolution and Deposit Insurance Bill, 2017 establishes a comprehensive financial resolution framework for specified financial sector entities and provides for a Resolution Corporation to assume deposit insurance powers, repeal or amend resolution-related provisions in sectoral Acts, protect financial system stability, protect consumers of covered obligations up to a reasonable limit, and safeguard public funds while reducing time and costs in resolving distressed financial entities. News - Wed, 14 Jun 2017 13:20:29 +0530 https://www.taxtmi.com/news?id=18179