Search For "bank failures"
Financial regulation more complex than other sectors as it safeguards syst
Updated : 6 months ago IST
Financial regulation carries far greater complexity and consequence than regulatory frameworks in most other sectors as it not only protects individual customers but also safeguards systemic stability, stated Reserve Bank of India (RBI) Governor Sanjay Malhotra.
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Government actively considering raising deposit insurance limit beyond Rs
Updated : 1 year, 3 months ago IST
Deposit insurance, as we know it today, was introduced in India in 1962. India was the second country in the world to introduce such a scheme, the first being the US in 1933. Banking crises and bank failures worldwide underscored the need for depositor protection.
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Recent bank failures show need for vigilance: US Federal Reserve
Updated : 3 years ago IST
One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which was struggling, first collapsed on March 10, after a run on the bank by the depositors.
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After US bank failures, agencies directed to analyse deposit insurance mec
Updated : 3 years ago IST
Following the failures of a few US banks, Federal Deposit Insurance Corporation (FDIC) Chairman Martin J Gruenberg directed the relevant agencies to conduct an analysis of the current deposit insurance framework and identify reform options as well as additional tools that can be used to maxi
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