Finance Ministry likely to increase deposit insurance limit from ₹5 lakh
February 18, 2025
Finance Ministry likely to increase deposit insurance limit from ₹5 lakh Sub: Eco Sec: Monetary policy Why in News? The Finance Ministry is actively considering an increase in the deposit insurance limit beyond the current ₹5 lakh. The move follows recent liquidity issues at the Mumbai-based New India Cooperative Bank due to an […]