Any broad expansion to deposit insurance could require action from Congress because of legal changes made after the 2008 financial crisis, unless government agencies can find a workaround.The ...

Image Credits:Daniel Bosse (opens in a new window) / Unsplash (opens in a new window) (Image has been modified) Rhino raises $95M to scale its rental deposit replacing insurance product. Alex Wilhelm.

Deposit insurance in India was introduced in 1962 with a coverage limit of Rs 1,500 per depositor. This limit has been gradually increased over the years, taking it to Rs 20,000 in 1976 and Rs ...

Are your life savings safe in the bank? Here’s what govt plans to do with deposit insurance The DICGC insures all deposits such as savings, fixed, current, recurring, and more up to a maximum of ...