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RBI Deputy Governors suggest deposit insurance with targeted coverage and a review of premium systems.
RBI Deputy Governor Swaminathan J stresses the need for deposit insurance, which protects depositors and maintains public confidence.
Deposit insurance also supports economic growth by providing a safety net.
He suggests that full coverage for all depositors may be financially non-viable, and proposes insurance coverage for certain groups, such as small depositors and senior citizens.
RBI Deputy Governor M Rajeshwar Rao calls for a periodic review of deposit insurance coverage due to economic growth and formalization in India, advocating for a risk-based premium system to address potential funding gaps.
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Los gobernadores adjuntos de RBI sugieren un seguro de depósitos con cobertura específica y una revisión de los sistemas de primas.