You Searched For "Deposit Insurance" and got 20 results
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2 mins read
DICGC introduces Daava Soochak for depositors to track claim status
Daava Soochak, a user-friendly online tool, is part of DICGC's ongoing commitment to improving the …
PTI
2 mins read
Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
3 mins read
GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow
The Council is likely to be apprised about the ongoing drive against fake registration, the success…
PTI
5 mins read
Five gifts you can give to yourself, friends, or family, towards achieving financial independence
Ahead of India's 78th Independence Day, find out how a professional achieved financial independence…
2 mins read
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
2 mins read
52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance
About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…
ANI
2 mins read
After US bank failures, agencies directed to analyse deposit insurance mechanism
Following the failures of a few US banks, Federal Deposit Insurance Corporation (FDIC) Chairman Mar…
ANI
2 mins read
Paytm app will continue to work beyond Feb 29 as usual: CEO Vijay Shekhar Sharma
Digital payments and services app Paytm is working and will continue to work as usual even after Fe…
PTI
1 min read
The biggest banks will pay to replenish the FDIC's deposit insurance fund, report says
The FDIC's insurance fund has withered this year amid the slew of bank failures, with Silicon Valle…
Jennifer Sor
2 mins read
Silicon Valley Bank's new CEO urges depositors to bring back their money
Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…
2 mins read
SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them
As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, U…
1 min read
Billionaire investor Bill Ackman warns more banks will fail unless the FDIC insures all deposits
"The FDIC's failure to update and expand its insurance regime has hammered more nails in the coffin…
George Glover
3 mins read
Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price
Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…
3 mins read
Capital Small Finance Bank closes 7% below issue price on market debut
Capital Small Finance Bank’s stock slipped 7% on its debut on Wednesday morning. The stock listed a…
1 min read
RBI cancels licence of Pune-based The Seva Vikas Co-op Bank
"The bank does not have adequate capital and earning prospects," the RBI said. It also stated that …
PTI
3 mins read
Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds
The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…
6 mins read
Explained: With markets volatile, should senior citizens invest in PSU bank FDs?
FDs have always been a popular investment choice for Indians. They offer a guaranteed return on inv…
2 mins read
RBI cancels licence of Laxmi Co-operative Bank, Solapur
The Reserve Bank of India (RBI) on Thursday cancelled the licence of The Laxmi Co-operative Bank Lt…
2 mins read
Big banks may cover 95% of the cost to refill the $16 billion hole blown in the FDIC's deposit insurance fund by bank failures
The FDIC wants to start imposing a fee on 113 banks to replenish the fund it uses to insure deposit…