Deposits

RECENT NEWS
The Hindu Business Line  Dec 15  Comment 
Petition the JPC to see that FRDI Bill is not passed in Parliament
The Hindu Business Line  Dec 15  Comment 
Yesterday, the group had deposited Rs 150 crore in the Court registry in pursuance of a direction aimed at protecting the interests of home buyers.
Forbes  Dec 14  Comment 
Total deposits for the five largest U.S. banks have grown by 4.3% over the last twelve months – above the industry-wide growth figure of under 4%.
The Economic Times  Dec 14  Comment 
The report said that data on Cross Country Deposit insurance Coverage limit shows that Deposit insurance coverage in India is one of the lowest at Rs 1 lakh/USD 1508 /0.9 times India's per capita income.
The Hindu Business Line  Dec 14  Comment 
The 'bail-in' clause in the Financial Resolution and Deposit Insurance (FRDI) Bill formalises the risk associated with bank deposits, says the All India Bank Pensioners’ and Retirees’ Confederation.
The Hindu Business Line  Dec 11  Comment 
Seeking to allay concerns of depositors over provisions of a draft law, Finance Minister Arun Jaitley today said the government will fully protect public deposits in financial institutions even as he...
The Economic Times  Dec 9  Comment 
At present, each depositor is protected only up to a limit of Rs 1 lakh by the guarantee of the Deposit Insurance and Credit Guarantee Corporation (DICGC).
The Hindu Business Line  Dec 7  Comment 
The All India Reserve Bank Employees Association (AIRBEA) has requested the intervention of the Governor for revising the insured amount on bank deposits from ₹1 lakh to ₹10 lakh. The current lim...
Clusterstock  Dec 7  Comment 
The average first-time homebuyer deposit in London could soar to an eye-watering £250,000 within a decade — a 75% rise. The data reflects the growing difficulties first-time buyers in London face trying to get onto the property...
The Economic Times  Dec 2  Comment 
The provision that finds its origins in the European banking crisis of 2008-09 has raised a red flag after which the Centre hinted at reviewing the plan.




 
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