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FRDI Bill will protect depositors' money: Arun Jaitley

<p>The Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, aims to protect the money of all depositors in state-run banks and there is no need to create any fear psychosis, Finance Minister Arun Jaitley said on Thursday</p>

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The Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, aims to protect the money of all depositors in state-run banks and there is no need to create any fear psychosis, Finance Minister Arun Jaitley said on Thursday. He made this point while replying to a discussion in the Lok Sabha on the Supplementary Demand for Grants - Second Batch for 2017-18, introduced in the Lok Sabha in August.

Arun Jaitley
Arun Jaitley

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