NZ Vs IND | 1st Test Feb 21, 2020
IND 36/1 (11.5)
BAN Vs ZIM | One-off Test Feb 22, 2020
ZIM 228/6 (90.0)
Latest News on Deposit Insurance Scheme
Showing of 0 - 10 from 5 results
Deposit Insurance Scheme - Total results - 5
Feb 05, 2020
Insurance cover on bank deposits raised to Rs 5 lakh effective today; move to help boost confidence of people in banking systemThis, the RBI said, has been done with a view to providing a greater measure of protection to depositors.
Jan 19, 2020
Nirmala Sitharaman says states refusing to implement CAA is 'unconstitutional', all have responsibility to ensure law is enforcedDefending the Citizenship (Amendment) Act, Nirmala Sitharaman maintained there was no necessity to mix up the National Register of Citizens (NRC) and National Population Register with the CAA and appealed to those opposing the act not to make allegations that would lead to unrest among the public.
Jan 10, 2020
Union Budget 2020: Finance Minister Nirmala Sitharaman has her task cut out for crisis-ridden banking sectorIn a normal scenario, these suggestions make sense. But, the state of Indian banking sector is far from normal.
Oct 08, 2019
PMC crisis shows depositors are sitting ducks if their bank goes bust; why shouldn’t savers get cover for full amount?The deposit insurance guarantee scheme was set up in 1961 to ensure depositors are guaranteed at least some amount in the event of a bank collapse
Dec 13, 2017
FRDI Bill: An analysis of global experience explains why depositors in India should be indeed worriedIn India, the deposit protection limit is Rs 100,000, roughly one-sixtieth of the value protected in other jurisdictions. The Rs 1 lakh limit was set in 1993, and hasn’t been upgraded since.