https://www.taxtmi.com/article/detailed?id=10266 The Scheme reclassifies insured deposits into newly coined retail and institutional categories, substitutes deferred, conditional capital like instruments for immediate insured payouts to many non individual depositors, and uses a soft loan arrangement that effectively discharges the deposit insurer while subordinating eligible depositors to less favorable recovery terms than certain debt holders, contravening statutory deposit insurance entitlements and creditor priority principles. en-us Sat, 12 Feb 2022 20:41:57 +0530 Sat, 12 Feb 2022 20:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10266 The Scheme reclassifies insured deposits into newly coined retail and institutional categories, substitutes deferred, conditional capital like instruments for immediate insured payouts to many non individual depositors, and uses a soft loan arrangement that effectively discharges the deposit insurer while subordinating eligible depositors to less favorable recovery terms than certain debt holders, contravening statutory deposit insurance entitlements and creditor priority principles. Articles Other Topics Sat, 12 Feb 2022 20:41:57 +0530 https://www.taxtmi.com/article/detailed?id=10266