Search For "deposit insurance"
All Guru Raghavendra Bank depositors to be benefitted by DICGC Bill. says
Updated : 4 years, 7 months ago IST
New Delhi [India], August 9 (ANI): Hours after Parliament passed the amendment to the Deposit Insurance Credit Guarantee Corporation (DICGC) Bill, 2021 in Lok Sabha on Monday, Lok Sabha MP Tejasvi Surya lauded Finance Minister Nirmala Sitharaman and said the bill would provide interim relief
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Monsoon Session: LS passes 3 bills without discussion amid opposition ruck
Updated : 4 years, 7 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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Cabinet gives nod to Deposit Insurance Credit Guarantee Corporation Bill
Updated : 4 years, 8 months ago IST
New Delhi [India], July 28 (ANI): Bringing sigh of relief for the depositors in stressed banks, the Union Cabinet on Wednesday gave nod to the Deposit Insurance Credit Guarantee Corporation (DICGC) Bill, 2021.
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Post Budget 2020, get guaranteed returns and safety with Bajaj Finance Fix
Updated : 6 years, 1 month 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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Deposit insurance cover increased from Rs 1 lakh to Rs 5 lakh: Sitharaman
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said that deposit insurance cover for bank deposits would be increased from Rs 1 lakh to Rs 5 lakh.
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Deposit insurance cover up to Rs 5 lakh
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): In a major relief to the people, the Centre on Saturday announced to increase the insurance coverage of their bank deposits from Rs 1 lakh to Rs 5 lakh.
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Want no company to shut operations: Sitharaman on telecom stress
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 15 (ANI): Finance Minister Nirmala Sitharaman on Friday said that the central government does not want any telecom firm to shut down its operations due to financial issues and wanted every company to flourish.
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Bajaj Finance fixed deposit have MAAA (stable) rating from ICRA
Updated : 7 years 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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TMC dubs FRDI Bill as 'Filthy Rich Defrauding Indians Bill'
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb. 18 (ANI): Trinamool Congress MP Derek O' Brien opposed the Financial Resolution and Deposit Insurance (FRDI) Bill on Sunday.
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No likelihood of bail-in for over 98% depositors: DEA Secretary
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 3 (ANI): Following media reports on bail-in provisions under the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, Department of Economic Affairs Secretary Subhash Chandra Garg on Wednesday claimed that these provisions would not be applicable to around 98
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Finance Ministry dismisses 'misgivings' on bail-in provisions of FRDI Bill
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 2 (ANI): The Ministry of Finance on Tuesday dismissed reports regarding depositor protection in the context of "bail-in" provisions of the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, and assured that the interests of depositors (both insured and unins
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ASSOCHAM for greater clarity in FRDA Bill
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 14 (ANI): With the government laying greater emphasis on protecting depositors' money, the ASSOCHAM on Thursday urged the same to be clearly and unambiguously spelt out in the Financial Resolution and Deposit Insurance (FRDA) Bill.
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