Calls for differential deposit cover intensify

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.

from Times of India https://ift.tt/W921NQT
https://ift.tt/hagqYwU February 17, 2025 at 12:17AM MAYUR SHETTY

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