THE FINANCIAL RESOLUTION AND DEPOSIT INSURANCE BILL, 2017: A STEP AHEAD
Downloads
Abstract
India has seen unprecedented economic growth ever since it opened up it’s economy in a series of measures beginning in the early 1990’s. The country has been able to sustain any major economic slowdown and was largely one of the few countries which was able to come out of the recession of 2008 unscathed.1 The country though has been slow to react to the causes of the global meltdown itself. A layman inspection of the slowdown cleared showed that the bursting of the housing bubble and the subsequent failure of the financial institutions in the United States of America, due to lack of regulation led to the recession. In events succeeding the financial crisis of 2008, countries across the world took steps and set up regulatory mechanisms to ensure that there is no financial meltdown of a similar nature again2 . India’s only effort comes at a time when the Non Performing Assets of India’s financial situation are at an all time high and there is an urgent need for regulation of the financial institutions3 and only after there was scares of a similar financial meltdown, thus making the move reactive and proactive. the Financial Resolution and Deposit Insurance Bill, 2017 aims was set up to fill in the void that existed in the regulatory framework in regard to the financial institutions.
External References to this Article
Loading reference data...
Readership Data
Refreshing Cached Analytics Data
The cached analytics data has become stale and journal.thelawbrigade.com is making a fresh request to fetch the latest data from Google Analytics. This may take 20-30 seconds depending on the server response time from Google Analytics. Please do not close the browser during this time. We appreciate your patience.
License Terms
Ownership and Licensing:
Authors of research papers submitted to any journal published by The Law Brigade Publishers retain the copyright of their work while granting the journal specific rights. Authors maintain ownership of the copyright and grant the journal the right of first publication. Simultaneously, authors agree to license their research papers under the Creative Commons Attribution-ShareAlike 4.0 International (CC BY-SA 4.0) License.
License Permissions:
Under the CC BY-SA 4.0 License, others are permitted to share and adapt the work, even for commercial purposes, provided that appropriate attribution is given to the authors, and acknowledgment is made of the initial publication by The Law Brigade Publishers. This license encourages the broad dissemination and reuse of research papers while ensuring that the original work is properly credited.
Additional Distribution Arrangements:
Authors are free to enter into separate, non-exclusive contractual arrangements for distributing the published version of the work (e.g., posting it to institutional repositories or publishing it in books), provided that the original publication by The Law Brigade Publishers is acknowledged.
Online Posting:
Authors are encouraged to share their work online (e.g., in institutional repositories or on personal websites) both prior to submission and after publication. This practice can facilitate productive exchanges and increase the visibility and citation of the work.
Responsibility and Liability:
Authors are responsible for ensuring that their submitted research papers do not infringe on the copyright, privacy, or other rights of third parties. The Law Brigade Publishers disclaims any liability for any copyright infringement or violation of third-party rights within the submitted research papers.
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Copyright © 2026 by Yash Vithlani, C. H. Anvita
The copyright and license terms mentioned on this page take precedence over any other license terms mentioned on the article full text PDF or any other material associated with the article.
