FRDI Bill will establish ‘Resolution Corporation’ to monitor financial firms: SBI Ecowrap
The proposed Financial Resolution and Deposit Insurance (FRDI) Bill seeks to establish a ‘Resolution Corporation’ to monitor financial firms (along with regulators), and resolve them in case of failure, said the SBI Ecowrap report.
FRDI Bill will establish ‘Resolution Corporation’ to monitor financial firms, says SBI Ecowrap Representational photo: Image source: Reuters