Budget 2020:Deposit Insurance cover raised to ₹5 lakh
News:The Finance minister has announced in the Budget that the Deposit insurance cover for bank deposits has been raised to Rs 5 lakh from Rs 1 lakh. Facts: About Deposit …
Read MoreTag: Deposit insurance
Explained:What is deposit insurance?
News:Recently,the failure of the Punjab and Maharashtra Co-operative(PMC) Bank has reignited the debate on the low level of insurance against the deposits held by customers in Indian banks. Facts: What …
Read More