According to Business Today sources, there are indications that the deposit insurance scheme for more than Rs 5 lakh can be launched only by the end of the current calendar year. However…
The Finance Ministry is currently reviewing the possibility of increasing the insurance cover on bank deposits beyond the limit of Rs 5 lakh. If there is a consensus on increasing it and
According to Business Today’s sources, there are indications that the revised deposit insurance scheme can be launched only by the end of the current calendar year. Deposit Insurance,
In February this year, Financial Services Secretary M. Nagaraju had confirmed that the proposal to increase the insurance limit was under discussion and a final approval was given by the Union Cabinet.
