B R Muralidharan, Deccan Chronicle

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About the AuthorB R Muralidharan

The writer is a Navi Mumbai-based CA and management consultant. He could be reached at brm2559@gmail.com

If the government goes ahead with this move, it will give enormous bail-in powers to a proposed rescuing body called Resolution Corporation.

Banks can wipe out your money

Bail-in clause in the proposed law can make you lose your rights on your bank deposits.

2 Dec 2017 11:34 PM