dicgc

Union Cabinet approves Bill to protect bank deposits of up to Rs 5 lakh

Union Cabinet on Wednesday approved a Bill to protect bank deposits of up to Rs 5 lakh

We need an overhaul of the customer protection regime

Financial education and awareness is the most powerful antidote against risky investment traps.

Bank, RBI unions differ on deposit insurance

At present DICGC insures each bank depositor upto Rs 1 lakh for both principal and interest.

Govt nominates Nabard chief H K Bhanwala on board of DICGC

DICGC, a wholly-owned subsidiary of RBI, provides deposit insurance cover at a flat rate of Rs 1,00,000.

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