India’s deposit insurance scheme offers wide coverage by number, but not by value—leaving large depositors at risk. With household savings rising, is the RBI’s safety net still fit for purpose?
3 min read22 Apr 2025Deposit insurance facility was extended to depositors in 1962. That time, the insurance amount was Rs 1 lakh and stayed like this until 2020. In March 2020, it was raised to Rs 5 lakh.
2 min read14 Mar 2023The insurance of deposits in banks is called deposit insurance. Read further to find out how much do banks owe us in case they go bankrupt
2 min read27 Nov 2022Deposit insurance facility was extended to depositors in 1962. That time, the insurance amount was Rs 1 lakh and stayed like this until 2020. In March 2020, it was raised to Rs 5 lakh.
2 min read14 Mar 2023