Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Indian government considers raising deposit insurance limit beyond Rs 5 lakh post-bank crisis.

flag The Indian government is considering raising the deposit insurance limit beyond the current Rs 5 lakh, following the crisis at New India Cooperative Bank. flag This announcement comes after the Reserve Bank of India imposed restrictions on the bank due to poor governance and liquidity issues. flag The Deposit Insurance and Credit Guarantee Corporation (DICGC) currently insures deposits up to Rs 5 lakh per depositor. flag The last increase in the insurance limit was in 2020, from Rs 1 lakh to Rs 5 lakh.

17 Articles