The demand for increasing bank deposit insurance cover, which was last revised in May 1993, has come to the fore after the ongoing crisis at PMC Bank. Over the weekend,Nirmala Sitharaman had said govt would bring in a legislation during the ongoing Winter session to increase the deposit insurance cover from Rs 1, but did not specify a number.from Personal Finance News-Wealth-Economic Times https://ift.tt/2py7gtV
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