After the Punjab and Maharashtra Cooperative Bank ... moreAfter the Punjab and Maharashtra Cooperative Bank (PMC Bank) scam dragged down the confidence of depositors, there was pressure on the government to increase the insurance cover which was static since 1993. Though the deposit insurance cover cap has been raised, there are enough people voicing their concern on social media. In this video, Mint's Disha Sanghvi addresses some of the concerns about deposit insurance.
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