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You Searched For "deposit insurance" and got 20 results


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Paytm app will continue to work beyond Feb 29 as usual: CEO Vijay Shekhar Sharma

Digital payments and services app Paytm is working and will continue to work as usual even after Fe…

PTI   


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3 mins read

Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price

​​Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…

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Capital Small Finance Bank closes 7% below issue price on market debut

Capital Small Finance Bank’s stock slipped 7% on its debut on Wednesday morning. The stock listed a…

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After US bank failures, agencies directed to analyse deposit insurance mechanism

Following the failures of a few US banks, Federal Deposit Insurance Corporation (FDIC) Chairman Mar…

ANI   


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The biggest banks will pay to replenish the FDIC's deposit insurance fund, report says

The FDIC's insurance fund has withered this year amid the slew of bank failures, with Silicon Valle…

Jennifer Sor   


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Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

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Silicon Valley Bank's new CEO urges depositors to bring back their money

Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…

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SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them

As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, U…

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6 mins read

Explained: With markets volatile, should senior citizens invest in PSU bank FDs?

FDs have always been a popular investment choice for Indians. They offer a guaranteed return on inv…

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1 min read

Billionaire investor Bill Ackman warns more banks will fail unless the FDIC insures all deposits

"The FDIC's failure to update and expand its insurance regime has hammered more nails in the coffin…

George Glover   


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4 mins read

Mis-selling trap – Why ULIPs are not for senior citizens

Haldar’s investment was hit during the 2020 market crash and he lost a big part of his savings. Plu…

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2 mins read

Big banks may cover 95% of the cost to refill the $16 billion hole blown in the FDIC's deposit insurance fund by bank failures

The FDIC wants to start imposing a fee on 113 banks to replenish the fund it uses to insure deposit…

Carla Mozée   


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1 min read

RBI cancels licence of Pune-based The Seva Vikas Co-op Bank

"The bank does not have adequate capital and earning prospects," the RBI said. It also stated that …

PTI   


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ESAF Small Finance Bank IPO subscribed 73x as QIBs rush in

The ₹463 crore ESAF Small Finance Bank’s initial public offer (IPO) was subscribed 8.3 times at the…

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Mid-size banks want all deposits insured for 2 years to avoid 'panic' and restore confidence, report says

The Mid-Size Bank Coalition of America called on the FDIC, Treasury and the Federal Reserve to act …

Jyoti Mann   


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RBI cancels licence of Laxmi Co-operative Bank, Solapur

The Reserve Bank of India (RBI) on Thursday cancelled the licence of The Laxmi Co-operative Bank Lt…

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RBI cancels license of Pune-based Rupee Cooperative Bank, says 99% depositors will receive full refund

Interestingly, in its order, RBI outlined that the continuance of Rupee Cooperative Bank wou…

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3 mins read

Warren Buffett has weighed in on bank runs, bailouts and the dangers of insuring deposits. Here are 9 quotes that shed light on today's banking crisis.

Buffett has explained how to calm bank panics, warned that government guarantees distort markets, a…

Theron Mohamed   


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Jennifer Sor   


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4 mins read

Guaranteed return insurance plans are not a good idea: Here is why

These guaranteed return plans are basically insurance plans. They sound promising, because who does…