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Sunday, February 16, 2025

Calls for differential deposit cover intensify

India's deposit insurance fund of nearly Rs 2 lakh crore ranks third globally but covers only 46.3% of deposits due to a Rs 5 lakh coverage limit. Calls for higher coverage have been reignited, particularly for senior citizens and small depositors, following recent banking issues.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9HGzuBM

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