Deposit insurance bill amendments okayed, all kinds of deposits up to Rs 5 lakh in all types of banks to be insured

98.3% of all deposit accounts will get covered under it, in terms of value of the deposits over 50% coverage. Bank depositors will get Rs 5 lakh insurance on their deposits within 90 days, said minister Anurag Thakur.

from Economy-News-Economic Times https://ift.tt/3l5VlxS