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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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US bails out SVB depositors, says will get all their money back
Updated : 3 years, 2 months ago IST
"Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer," read the statement.
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