Rajya Sabha nod: DICGC Bill to help small depositors, says FM Nirmala Sitharaman

The DICGC (amendment) Bill will cover 98.3% of depositors and 50.9% of deposit value in the banking system, way above the global level of 80% and 20-30%, respectively, Sitharaman had said last week.

from Banking & Finance – The Financial Express https://ift.tt/3lrn8sG