Search For "deposit insurance and credit guarantee corporation"
RBI's Risk-Based deposit insurance premium framework to boost stronger ban
Updated : 2 months, 1 week ago IST
The framework, released on February 6, 2026, replaces the existing flat premium rate of 12 paise per Rs. 100 of assessable deposits (AD) with a differential pricing structure. Under the revised system, banks will be categorised based on risk scores derived from the Deposit Insurance and Cred
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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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Parliament passes Deposit Insurance and Credit Guarantee Corporation Amend
Updated : 4 years, 9 months ago IST
New Delhi [India], August 10 (ANI): The Lok Sabha on Monday passed a bill that provides account holders security of their money by allowing access to up to Rs 5 lakh within 90 days of a bank coming under a moratorium imposed by RBI.
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Monsoon Session: LS passes 3 bills without discussion amid opposition ruck
Updated : 4 years, 9 months ago IST
New Delhi [India], August 9 (ANI): The Lok Sabha on Monday passed three bills without discussion -- the Limited Liability Partnership (Amendment) Bill, 2021, the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021, and the Constitution (Scheduled Tribes) Order (Amend
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Post Budget 2020, get guaranteed returns and safety with Bajaj Finance Fix
Updated : 6 years, 3 months ago IST
Pune (Maharashtra) [India], Feb 3 (ANI/BusinessWire India): In 2019, the investment in mutual funds and equity dropped sharply. In the case of the former, the decline was a whopping 41 per cent, whereas in the case of equity, the amount invested was Rs 74,870 crore, much lesser than 2018's R
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Bajaj Finance fixed deposit have MAAA (stable) rating from ICRA
Updated : 7 years, 1 month ago IST
Pune (Maharashtra) [India], March 25 (ANI/BusinessWireIndia): ICRA, a credit rating agency, offers ratings to fixed deposits of companies that can help guide investors in making the right decisions when it comes to investing money in FDs. These ratings are extremely crucial, as fixed depo
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