The DICGC insures all deposits such as savings, fixed, current, recurring, and more up to a maximum of Rs 5 lakh for both ...

NDIC has started paying liquidation dividends to Pearl Microfinance Bank stakeholders, offering both in-person and online ...

The deposit insurance limit refers to the amount of savings in bank deposits whose safety is assured if a lender goes ...

Union Bank of India's "Union Wellness Deposit," an innovative FD scheme offering attractive interest rates along with ...

RBI annual report shows insured deposits rose 7.1% YoY to ₹96.7 trillion as of Sept 2024, with 97.7% of accounts fully ...

People don’t rob banks anymore mainly because it’s tough, the payout is poor, it’s easy to get caught, punishments are severe ...

Some regulators, such as acting FDIC Chair Travis Hill, have signaled that a proposal is imminent. He suggested that ...

The financial system as a whole relies heavily on runnable liabilities — namely, sources of funding, such as uninsured ...

Acting on the execution petition filed by the petitioner, the court issued a warrant of attachment of the bank account of ...