Deposit insurance

Deposit insurance covers the principal and interest up to ₹5 lakh. (Photo: iStock)

How much deposit cover can you get?

2 min read . 13 Feb 2020

Mint's Disha Sanghvi addresses some of the concerns about deposit insurance

Why Not Mint Money | When are you eligible for deposit insurance?

10 Feb 2020

Reserve Bank of India (RBI) Governor Shaktikanta Das at the RBI's sixth bi-monthly monetary policy review meeting of 2019-20, in Mumbai. (PTI)

Deposit insurance hike: RBI says not to hit banks balance-sheets

2 min read . 06 Feb 2020

The Deposit Insurance and Credit Guarantee Corporation has insured deposits worth ₹33.7 trillion across 2,098 banks as of 2018-19 (Photo: Mint)

Small banks may get a trust vote with hike in deposit insurance

3 min read . 03 Feb 2020

If your bank goes bust, the government will cover up to <span class='webrupee'>₹</span>5 lakh of deposits

Why Not Mint Money | Do you benefit from hike in deposit insurance to ₹5 lakh?

01 Feb 2020

Insurance limit for each depositor in a bank is capped at Rs.1 lakh, including both principal and interest amounts (Mint file)

Five things you should know about bank deposit insurance scheme

3 min read . 11 Oct 2019

A deposit insurance coverage ensures that the depositor gets a certain amount, before the bank pays other parties at the time of liquidation

Deposit insurance coverage in India among the lowest in world: SBI report

1 min read . 07 Oct 2019

Deposit insurance schemes have been prevalent in most countries and have been upgraded with changing times (Hemant Mishra/Mint file)

India compares poorly with Asian peers on deposit insurance

1 min read . 27 Sep 2019

Finance minister Piyush Goyal had informed the parliamentary committee about various reasons for deciding to withdraw the FRDI Bill. Photo: Ramesh Pathania/Mint

Govt withdraws FRDI bill in Parliament following backlash

1 min read . 07 Aug 2018

While RBI has in the past forced healthier banks to swallow up weaker ones, there are very few state banks strong enough now to take on such a burden. Photo: Bloomberg News

Deposit insurance could have eased burden on taxpayers over bank bailouts

3 min read . 23 Jul 2018

Subhash Chandra Garg, secretary in the department of economic affairs in the finance ministry.

Bail-in clause in FRDI Bill will only be used sparingly: Finance ministry

2 min read . 03 Jan 2018

The FRDI Bill includes a bail-in clause that allows the government access to bank deposits to rescue a financial institution. Photo: Hemant Mishra/Mint

FRDI Bill’s bail-in clause: Two options for the government

6 min read . 20 Dec 2017

Finance minister Arun Jaitley. The so-called ‘bail-in clause’ in the FRDI Bill has been commented upon by experts as of bringing potential harm to bank deposits, in the form of savings accounts. Photo: Reuters

Govt unlikely to table FRDI Bill in budget session of parliament

1 min read . 12 Jan 2018

The FRDI Bill may consider giving a greater role to depositors’ representatives on bank boards. This could assuage the misplaced fears of many. Photo: Bloomberg

Much ado about ‘bail-in’ and FRDI Bill

5 min read . 18 Dec 2017

Prime Minister Narendra Modi receives a memento from Ficci president Pankaj Patel in New Delhi on Wednesday. Photo: PTI

Govt to press ahead with reforms agenda, Narendra Modi tells industrialists

2 min read . 13 Dec 2017

Finance minister Arun Jaitley on Monday said the government will fully protect public deposits in financial institutions. Photo: Abhijit Bhatlekar/Mint

Bank union threatens strike if FRDI Bill not amended

1 min read . 12 Dec 2017

FRDI Bill is not going to hike the risk to your deposits

7 min read . 14 Dec 2017

FRDI Bill is not going to hike the risk to your deposits

7 min read . 13 Dec 2017

As though the dislocation unleashed by demonetisation and the introduction of the GST were not enough, the government is moving ahead with an FRDI Bill. Photo: Mint

The government must bail out of the bail-in

4 min read . 12 Dec 2017

FM Arun Jaitley’s comment days after govt said the clauses in the Financial Resolution and Deposit Insurance Bill 2017 (FRDI Bill) are aimed at protecting the interests of depositors. Photo: HT

FRDI Bill: Arun Jaitley says public deposits will be protected

1 min read . 12 Dec 2017

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