RBI's curbs on New India Co-op Bank highlight need for higher deposit insurance limit and risk-based premium model.

The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.

The time is ripe for Congress and the president to shrink the Federal Deposit Insurance Corp.'s board of directors back down ...

India's deposit insurance fund of nearly Rs 2 lakh crore ranks third globally but covers only 46.3% of deposits due to a Rs 5 ...

TASHKENT. Feb 19 (Interfax) - Uzbekistan is introducing a deposit insurance system, ensuring that depositors will now be entitled to compensation of up to 200 million soms ($15,400) in the event of an ...

Sen. Elizabeth Warren and three other senators called on the FDIC Office of Inspector General to look into the agency’s move ...

The government is considering raising the deposit insurance limit beyond the current ₹5 lakh. The Finance Ministry will ...

The insurance cover to depositors is provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary ...

People in the know state that 90% of the 1.3 lakh depositors of New India Cooperative Bank are fully covered under the ...

As Bangladesh continues to develop, it is imperative to update existing financial safeguards to align with the economy’s growth trajectory.