Calls for differential deposit cover intensify

Feb 17, 2025 - 00:30
Calls for differential deposit cover intensify

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India's deposit insurance fund of nearly Rs 2 lakh crore ranks third globally but covers only 46.3% of deposits due to a Rs 5 lakh coverage limit. Calls for higher coverage have been reignited, particularly for senior citizens and small depositors, following recent banking issues.

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