New answers tagged bank-account
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A bail-in makes sense when you consider depositors to be creditors of the bank. Absent a bank insurance program like the US FDIC, if the bank suddenly runs out of money, the depositors lose everything. Better is for the depositors with enough money to accept IOUs for a period of time, to give the bank a chance to clean up their balance sheet, pay off some ...
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One thing that's clear from those documents is that a bank can't just decide by itself to do a bail-in. The regulators do it to the bank.
Imagine a bank is going bankrupt. If that happens, the shares will become worthless. The creditors of the bank will hope for a payout of some of their money from the liquidators, but they won't get all of it back. ...
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A Recurring Deposit (RD) is an investment tool that allows you to make regular monthly investments and save money over a specified period. If you need a clear picture of what is really meant by the term "recurring" then you should read this article on what is rd
The critical difference you need to understand on why the minimum time limit between ...
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