Government Likely To Raise Deposit Insurance Limit From Rs 5 Lakh – How Does DICGC Insurance Help Depositors In Cases Of Bank Fail?

Mumbai: The government is "actively considering" raising the deposit insurance limit beyond the current Rs 5 lakh, a top ...
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FDIC Fund Increase Sparks New Fight Over Deposit Insurance Limits

The fund’s balance increased by $4.8 billion to reach $150.1 billion, the FDIC said in a Monday (Nov. 24) press release outlining findings from its Quarterly Banking Profile for the third quarter.
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₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?

Deposits are crucial for any bank, as these are further given out as loans. Hence, it is important that a depositor feels confident about the money deposited with the bank. For this, the Deposit ...