Financial LiteracyHindustan TimesMarketsPersonal FinanceRegulationDecember 12, 2017by Monika Halan0FRDI bill: Don’t worry, your fixed deposits are safe and banks cannot use them without your consent
Your deposits will be insured, just as they are today and there is an additional protection for depositors because the bail-in can be invoked, and your deposits be lost, only if you have given your consent to the bank when you signed the deposit forms. Bank deposits are the one true friend of a...