You Searched For "increase in deposit insurance" and got 18 results
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1 min read
Hike in deposit insurance won't hit bank balance sheets: RBI
"The revision in deposit insurance will not impact banks' balance sheets much," Kanungo told re…
PTI
1 min read
RBI says bank scam victim compensation increased to Rs 5 lakh after Budget announcement
Soon after the Budget announcement, insurance cover on bank deposits has been increased from Rs 1 l…
1 min read
Insurance cover on bank deposits raised to Rs 5 lakh effective Tuesday
The deposit insurance scheme covers all banks operating in India, including private sector, cooper…
PTI
1 min read
FM raises deposit insurance cover five times to Rs 5 lakh
New Delhi, Feb 1 () To address concerns of small depositors over failure of banks, Finance Minister…
PTI
1 min read
Govt permits five-fold increase in deposit insurance cover to Rs 5 lakh per depositor
New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday said the government has permitt…
PTI
3 mins read
US banks have well over $1 trillion of uninsured deposits. Signature Bank was among the most exposed.
The US government shut another financial institution on Sunday. This time it was Signature Bank, wh…
Alistair Barr
2 mins read
Cabinet clears amendment to banking laws to strengthen cooperative banks
The proposed law seeks to enforce banking regulation guidelines of the RBI in cooperative banks, wh…
PTI
1 min read
Mid-size banks want all deposits insured for 2 years to avoid 'panic' and restore confidence, report says
The Mid-Size Bank Coalition of America called on the FDIC, Treasury and the Federal Reserve to act …
Jyoti Mann
3 mins read
Days after hiking deposit insurance, FM says working on contentious FRDI Bill
The bankruptcy code takes care of resolution for ailing non-financial firms, but doesn't cover dep…
PTI
2 mins read
5 security-deposit startups are getting a big boost from a slew of new 'renter's choice' laws around the country
In 2018, co-founder of security deposit startup Rhino and "renter's choice" evangelist Ankur Jain a…
Alex Nicoll
3 mins read
Peter Thiel-backed insurance startup Jetty lays off 40% of staff days after pausing the sale of all new policies
Legislative energy has been building for "renter's choice" laws this year. The laws, which require …
Alex Nicoll
1 min read
PacWest plummets 28% to resume sell-off after the regional bank says deposits fell 9.5% last week
PacWest said deposits fell in the week of May 5 following reports it was exploring strategic option…
Carla Mozée
2 mins read
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
ANI
1 min read
BLOOMBERG: The Cyprus Bailout Is The Worst Thing Europe Has Done In The Entire Crisis
The euro area needs to recognize its mistake quickly and control the damage. It should demand that …
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
3 mins read
It Looks Like The 'Great Rotation' Was Just A Great Big Misunderstanding
When asked about the "Great Rotation" in an interview with Bloomberg TV on Friday, PIMCO CEO Moha…
Matthew Boesler
1 min read
Kerala-based ESAF Small Finance Bank looks to raise ₹998 crore through IPO
Kerala-based ESAF Small Finance Bank on Monday filed its Draft Red Herring Prospectus (DRHP) with m…
4 mins read
The best time to start saving money is the same, no matter what you're planning to buy
Increase your income. If putting away money today is not possible - perhaps you're paying off a lot…