Clipped from: https://economictimes.indiatimes.com/wealth/save/depositors-to-get-upto-rs-5-lakh-from-dicgc-within-90-days-if-bank-fails-cabinet-clears-amendment/articleshow/84824441.cmsSynopsis This move is expected to cover around 98.3% of total number of accounts and 50.9% of the value of total deposits held with
Day: July 29, 2021
Deposit insurance bill amendments okayed, all kinds of deposits up to Rs 5 lakh in all types of banks to be insured – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/deposit-insurance-bill-okayed-all-kinds-of-deposits-up-to-rs-5-lakh-in-all-types-of-banks-to-be-insured/articleshow/84823146.cmsSynopsis 98.3% of all deposit accounts will get covered under it, in terms of value of the deposits over 50% coverage. Bank depositors will
India expected to see 7 per cent growth next fiscal: Chief Economic Adviser K V Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-expected-to-see-7-per-cent-growth-next-fiscal-chief-economic-adviser-k-v-subramanian/articleshow/84832965.cmsSynopsis The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India to 9.5 per cent for the fiscal year to