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The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Bank, RBI unions differ on deposit insurance

At present DICGC insures each bank depositor upto Rs 1 lakh for both principal and interest.

20 Nov 2019 3:47 AM IST

Future First Insurance Broking has teamed up with Arohan Financial Services, part of the Aavishkaar Group, eastern Indias largest NBFC MFI, to offer simple, customized and affordable insurance products in areas of major livelihood threats including health, accident, natural calamities, theft etc.

We need an overhaul of the customer protection regime

Financial education and awareness is the most powerful antidote against risky investment traps.

11 Feb 2020 2:17 AM IST

Union Finance Minister Nirmala Sitharaman addresses a press conference on Cabinet decisions, in New Delhi, Wednesday, July 28, 2021. (PTI Photo

Union Cabinet approves Bill to protect bank deposits of up to Rs 5...

Union Cabinet on Wednesday approved a Bill to protect bank deposits of up to Rs 5 lakh

29 July 2021 7:27 AM IST

Nabard Chairman Harsh Kumar Bhanwala. (Photo: Nabard.com)

Govt nominates Nabard chief H K Bhanwala on board of DICGC

DICGC, a wholly-owned subsidiary of RBI, provides deposit insurance cover at a flat rate of Rs 1,00,000.

6 April 2017 1:37 PM IST