News for 'Deposit Insurance And Credit Guarantee Corporation'

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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...

Govt set to introduce 17 new bills in monsoon session of Parliament

The much-anticipated cryptocurrency bill, however, is missing from the list, reports Shrimi Choudhary. The government is set to introduce 17 new bills in the monsoon session of Parliament,...

Rajya Sabha loses 40 of 50 working hours during first 2 weeks

The productivity of the Upper House fell drastically in the ongoing Monsoon Session of the Parliament as the Rajya Sabha Secretariat in an official notification informed that the House lost 40 out...

Nirmalaji And Why I Quit The Government

She said I treated her like a bachchi.At another moment, she said I had gone to various people and 'bitched' about her.She also threatened to bring the entire matter to the PM's notice.A revealing...

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...

PMC scam fallout: Bank deposit insurance cover to be hiked

At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation. Finance Minister Nirmala Sitharaman on Friday said the...

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,...

Insurance cover for bank deposits hiked to Rs 5 lakh

The decision assumes significance in the wake of a scam in the PMC Bank affecting lakhs of customers who are facing difficulties in withdrawing their money due to restrictions imposed by the...

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...