“The government has come up with a new bill – the ‘Financial Resolution and Deposit Insurance (FRDI) Bill, 2017’, which has now been referred to a Joint Parliamentary Committee before getting it passed in the parliament”
What FACTLY found
The ‘FRDI Bill, 2017’ mentioned in the post has already been withdrawn by the government back in 2018. So, there is no such bill now which is pending in the Parliament. In July 2020, the Government has clarified that it has not taken any decision to reintroduce the FRDI Bill. Also, the article given in the post has been published by ‘The Hindu’ back in 2017
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 28 September 2020. FACTLY (India) looked into it and published its finding on 29 September 2020, 1 day later. Its rating was “MISLEADING”.
Where the claim appeared
Links recorded by FACTLY. Some posts may have been deleted since.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.