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Plan to hike deposit insurance limit in banks, says Finance Ministry
17 Feb 2025 15:03 GMT
… (February 17, 2025).
“That [increasing deposit insurance] is under active consideration. As … customers is insured under the Deposit Insurance and Credit Guarantee Corporation … Act, 1961 by the Deposit Insurance and Credit Guarantee Corporation ( …
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Deposit insurance claims of cooperative banks mount, but their share in premium declines
17 Feb 2025 15:32 GMT
… premium model for the deposit insurance fund.
As the … safety net in the Deposit Insurance and Credit Guarantee Corporation … required to settle the deposit insurance claims of the depositors … based premium” model for deposit insurance to ensure robustness of …
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Deposit insurance cover may increase beyond ₹5L: What it is"
17 Feb 2025 16:59 GMT
… lender.
Over the years, the Deposit Insurance and Credit Guarantee Corporation (DICGC …
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Government examining a proposal to up deposit insurance limit: DFS Secretary
17 Feb 2025 15:33 GMT
… .
Nagaraju observed that increasing the deposit insurance limit is under consideration of … would be entitled to receive deposit insurance claim amount of their deposits … to ₹5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC …
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Govt considering raising deposit insurance limit above current Rs 5 lakh: Official
17 Feb 2025 12:25 GMT
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Govt considering raising deposit insurance limit above current Rs 5 lakh
17 Feb 2025 11:46 GMT
Days after New India Co-operative Bank scam came to light, Department of Financial Services Secretary M Nagaraju announced that such a proposal is in the works.
Last Updated : 17 February 2025, 11:10 IST
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Business News | Government Actively Considering Raising Deposit Insurance Limit Beyond Rs 5 Lakh
17 Feb 2025 10:38 GMT
… is actively considering raising the deposit insurance scheme limit beyond Rs … increasing the insurance deposit insurance is under active consideration.
Deposit insurance, as we know … depositors are entitled to receive deposit insurance claim amounts of their …
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RBI curbs on Maharashtra cooperative banks bring to fore risks in deposit insurance system
15 Feb 2025 19:24 GMT
… the weak link in the deposit insurance system. They account for most …
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Raising insurance cover for depositors above Rs 5 lakh under active consideration: Financial Services Secretary M Nagaraju
17 Feb 2025 16:46 GMT
…
“…On the point about increasing (deposit) insurance, that is under active consideration … depositors is provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC … periodical upward revision of the deposit insurance coverage limit, currently at …
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India will continue to review import duties, aim to be investor friendly, says Sitharaman
17 Feb 2025 14:48 GMT
… ;actively considering" raising the deposit insurance limit beyond the current Rs … books.
“The point of increasing deposit insurance limit is under active consideration … ceased on the matter.
The Deposit Insurance and Credit Guarantee Corporation (DICGC …