Tag: Deposit Insurance Cover

Nirmala-sitharaman
Deposit insurance cover to be hiked from Rs 1 lakh: FM

New Delhi: Finance Minister Nirmala Sitharaman on Friday said cooperative banks would be under the RBI’s prudential norms to prevent any PMC Bank-like situations, there will be a rise from Rs 1 lakh in deposit insurance cover for account holders in the new FRDI Bill and the Finance Ministry will shortly move the proposal before […]

  • Friday, 23 April 2021
scrollToTop