-PTI The joint committee on the FRDI Bill has been granted an extension of time up to the last day of Budget Session 2018, speaker Sumitra Mahajan informed the Lok Sabha New Delhi: The Financial Resolution and Deposit Insurance Bill, or FRDI Bill, may not be introduced in Parliament even during the budget session, as the joint committee looking into it got an extension for submitting its report. Lok Sabha speaker Sumitra Mahajan...

-Livemint.com Maharashtra minister for cooperation Subhash Deshmukh admits to delays and problems in the implementation of farm loan waiver in the state Mumbai: When Maharashtra’s mega farm loan waiver was announced in June, it was initially planned to help 8.9 million indebted farmers. This was later wound down to cover 5.6 million farmers. Five months on, it has managed to reach just 1.7 million. State minister for co-operation Subhash Deshmukh said on Tuesday...

-The Hindu Senior citizens seek exception from registering biometrics in banks Chennai: Many senior citizens visiting banks for providing life certificate for pension and linking their Aadhaar numbers with Bank Accounts have been put to a lot of hardship. They complained that there was no common rule for banks and each of them was following whatever pattern their head offices had decided. Pensioners Herbert Clay, 69, and his wife Annie Clay, 63, had...

-The Telegraph New Delhi: Politicians of various stripes have started to raise red flags about a provision in a bill that the Narendra Modi government intends to move in the Lok Sabha in the upcoming winter session, which could theoretically allow beleaguered banks and financial institutions to scoop up depositors' money to stop them from going bust. It is called a "bail-in" - a concept coined during the European banking crisis of...

-The Times of India NEW DELHI: Authority of India (UIDAI) has ordered an investigation against Bharti Airtel for alleged violations of the Aadhaar Act and is threatening to slap a financial penalty for opening Airtel Payments Bank Accounts of customers surreptitiously while carrying out Aadhaar verification of their mobile numbers. The probe against the company was ordered after complaints of prima facie violations were found to be valid, sources told TOI. "The...