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Government examining a proposal to up deposit insurance limit: DFS Secretary
Business

Government examining a proposal to up deposit insurance limit: DFS Secretary

The government is examining a proposal to up the deposit insurance limit, according to M Nagaraju, Secretary (Department of Financial Services), Finance Ministry. The last

Deposit insurance claims of cooperative banks mount, but their share in premium declines
Business

Deposit insurance claims of cooperative banks mount, but their share in premium declines

The crisis at a cooperative bank has thrown attention on the need to increase the deposit insurance limit and explore a risk-based premium model for