You Searched For "deposit insurance" and got 20 results
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2 mins read
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
2 mins read
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
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…
3 mins read
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…
1 min read
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
2 mins read
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…
2 mins read
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…
3 mins read
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…
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
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…
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…
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
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
2 mins read
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…
1 min read
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
2 mins read
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…
2 mins read
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…
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
2 mins read
Big name investors like Bill Ackman are calling on the FDIC to insure all deposits, but that would only cost banks' customers more, former FDIC chair says
"You can change the limit to whatever number you want, and you're not going to prevent what happene…
Jennifer Sor
2 mins read
The US could ease stress on the banking system by fully insuring deposits of regional banks like those at failed SVB, Mohamed El-Erian says
There are 186 US banks that face risk of collapse like SVB should their depositors rush to pull the…