The Reserve Bank of India proposed risk-based pricing for bank deposit insurance to encourage stronger risk management. This move addresses concerns that stressed banks could face rapid withdrawals driven by digital channels and social media. Currently, deposit insurance covers up to Rs 5 lakh per depositor when a bank fails.
Related Posts
After Adani, Jindal enters copper biz
- staff
- January 28, 2025
- 0
JSW Group will invest Rs 2,600 crore in the non-ferrous metals sector by starting copper mines in Jharkhand. This new venture by Sajjan Jindal’s conglomerate […]
NSE, ex-MD settle case with Sebi for Rs 643 crore
NSE and nine former senior executives, including ex-MD Vikram Limaye, settled a case with Sebi for Rs 643 crore over allegations of brokers bypassing a […]
Swiggy IPO allotment: Investors await listing; check status, GMP, expected listing price
Swiggy’s IPO share allotment concludes today, with a muted grey market premium of Re 1 above the IPO price of Rs 390. The listing on […]