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Eliminate online betting, gambling apps, YSRCP MP urges govt

A strong demand was made in the Lok Sabha on Wednesday to eliminate online betting and gambling applications that keep mushrooming under new names to bypass government controls. IMAGE: YSR......

Bank Deposit Insurance May Be Hiked From 5 Lakh To...

The revised ceiling will be within the Rs 10 lakh mark. IMAGE: Account holders queue outside a branch of the New India Co-operative Bank in Mumbai after the Reserve Bank barred it from offering......

Bank Deposits: Govt Plans To Increase Insurance

Currently, deposits of up to Rs 5 lakh are covered under the deposit-insurance scheme. IMAGE: A rush of account holders at the New India Co-operative Bank's Versova branch, north west Mumbai,......

'How Will I Survive Without My Monthly Withdrawals?'

'I don't know when I will be able to access those funds.' IMAGE: Account holders at the New India Co-operative Bank's Versova branch, north west Mumbai. Photograph: Sahil Salvi   The Reserve......

Bank deposits up to Rs 5 lakh will now be insured

The Union Cabinet on Wednesday approved amendment to the DICGC Act to provide account holders access to up to Rs 5 lakh funds within 90 days of a bank coming under moratorium to ensure timely......

Depositors of 21 stressed co-op banks to get Rs 5 lakh by Nov

The banks are required to submit a claim list by October 15. Illustration: Uttam Ghosh/Rediff.com The Deposit Insurance and Credit Guarantee Corporation (DICGC) will pay the depositors of 21......

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