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Deposit Insurance Scheme

Recent Highlights

Insurance cover on bank deposits raised to Rs 5 lakh effective today; move to help boost confidence of people in banking system

Insurance cover on bank deposits raised to Rs 5 lakh effective today; move to help boost confidence of people in banking system

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Union Budget 2020: Finance Minister Nirmala Sitharaman has her task cut out for crisis-ridden banking sector

Union Budget 2020: Finance Minister Nirmala Sitharaman has her task cut out for crisis-ridden banking sector

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Nirmala Sitharaman says states refusing to implement CAA is 'unconstitutional', all have responsibility to ensure law is enforced

Nirmala Sitharaman says states refusing to implement CAA is 'unconstitutional', all have responsibility to ensure law is enforced

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PMC crisis shows depositors are sitting ducks if their bank goes bust; why shouldn’t savers get cover for full amount?

PMC crisis shows depositors are sitting ducks if their bank goes bust; why shouldn’t savers get cover for full amount?

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All Stories for Deposit Insurance Scheme

All (5)
  • FRDI Bill: An analysis of global experience explains why depositors in India should be indeed worried

    FRDI Bill: An analysis of global experience explains why depositors in India should be indeed worried

    Srikanth • .

    In 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.

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