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Deposit Insurance And Credit Guarantee Corporation Of India

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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......

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......

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,......

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......

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......

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