Sansad Watch
Sansad Watch Ep 5: A quick fix solution for bank scams
We have a bad loan problem. The government has been trying its best to recover money for depositors affected by scams like the PMC Bank scam. In its latest move, the government brought in a bill called the Deposit Insurance Credit Guarantee Corporation (Amendment) Bill, 2021. It was cleared in the monsoon session and is now an act.
So, what does this law do? How does it help depositors who lose money when a bank collapses and is put under moratorium? How does it secure your bank accounts?
Watch the episode to find out. We've also got a bonus segment profiling MPs, and we've picked a particularly nerdy one this time.
References
Brief on the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021
Also Read
-
Toxic air, confined indoors: Delhi doesn’t let its children breathe
-
Hyundai Creta EV enters a crowded ring. Can it charge ahead?
-
As Punjab gets attention, data suggests Haryana, UP contribute to over a third of Delhi’s PM 2.5
-
Can truth survive the fog of war? Lessons from Op Sindoor and beyond
-
Bogus law firm and fake Google notices: The murky online campaign to suppress stories on Vantara