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International Association Of Deposit Insurers

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India gets details of hundreds of Swiss bank accounts in 4th tranche

India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual automatic information exchange under which Switzerland has shared particulars......

India to get 3rd set of Swiss bank details, info on real estate this month

India will get this month the third set of Swiss bank account details of its nationals under an automatic exchange of information pact with Switzerland and this will include for the first time the......

India's mood: 'Pessimism, confusion, sadness'

'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.' IMAGE: Migrants from Uttar Pradesh walk to Chennai's Central railway station to board......

The moments that shaped 2016

'The year in pictures' treks across the globe, looking back on the moments that shaped 2016. From the United States presidential race, to demonetisation in India to the refugee crisis, the news......

The nuclear liability bill needs a rethink

There is an urgent need for a Joint Parliamentary Committee to examine the current liability regime besides a high-powered trans-disciplinary independent experts committee to study the issue, says......

40-year-old fintech gurus need 60-year-olds to handhold them

The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal......

Bank Deposits: Strong Safety Net Needed

If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh.It was Rs 1 lakh before. Illustration: Dominic Xavier/Rediff.com American regulators......

SVB crisis: Start-ups seek govt's help to bring money to India

Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for......

Should India Inc get licence to operate banks? RBI still undecided

Given that banking is a highly leveraged business dealing with public money, it makes sense to keep industry/business and banking separate, says RBI deputy governor M Rajeshwar Rao. Anup Roy......

If your bank goes bust, how much money will you get?

'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com   Finally, the deposit......

US charges Allen Stanford with 'massive' fraud

Texas billionaire Allen Stanford and three of his companies were charged with "massive" fraud on Tuesday as federal agents swooped down on his US headquarters. In a civil complaint filed in......

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