RBI deputy governor Michael Patra highlighted that India's deposit insurer DICGC lagged behind international counterparts in processing rei...

DICGC takes about a month or more to reimburse deposits when a bank collapses, while the International Association of Deposit Insurers (IAD...

Currently, deposits of only up to Rs 1 lakh are insured and there have been calls by consumer groups to increase the minimum deposit insura...

RBI is weighing a differential deposit insurance system which will be linked to the risk profile of banks on the lines of recommendations b...