India's deposit insurance fund of nearly Rs 2 lakh crore ranks third globally but covers only 46.3% of deposits due to a Rs 5 lakh coverage limit. Calls for higher coverage have been reignited, particularly for senior citizens and small depositors, following recent banking issues.
source https://timesofindia.indiatimes.com/business/india-business/calls-for-differential-deposit-cover-intensify/articleshow/118309378.cms
Calls for differential deposit cover intensify
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February 16, 2025
Get To Know
February 16, 2025
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