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Deposit Insurance Coverage

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BJP May Replace Half Its Lok Sabha MPs

Amit Shah wants to increase the party's nationwide vote share by at least 10 per cent from the 37.7 per cent it secured five years ago and ensure above 50 per cent vote share in the states where it......

Nirmalaji And Why I Quit The Government

She said I treated her like a bachchi.At another moment, she said I had gone to various people and 'bitched' about her.She also threatened to bring the entire matter to the PM's notice.A revealing......

India's mood: 'Pessimism, confusion, sadness'

'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.' IMAGE: Migrants from Uttar Pradesh walk to Chennai's Central railway station to board......

11 schemes that may have won Modi the 2019 election

Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election. IMAGE: Prime Minister Narendra Damodardas Modi with Bharatiya Janata Party......

Bank Deposits: Govt Plans To Increase Insurance

Currently, deposits of up to Rs 5 lakh are covered under the deposit-insurance scheme. IMAGE: A rush of account holders at the New India Co-operative Bank's Versova branch, north west Mumbai,......

Treasury gains help ICICI Bank post 10% rise in Q1 profit

Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Photograph: Francis......

Bank Deposits: Strong Safety Net Needed

If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh.It was Rs 1 lakh before. Illustration: Dominic Xavier/Rediff.com American regulators......

Extraordinary Story Of EPFO Digitisation

A remarkable story which helped transform a bureaucratic organisation to a customer centric organisation. This experience may inspire several government/private organisations to modify or adopt......

Insurance cover for bank deposits hiked to Rs 5 lakh

The decision assumes significance in the wake of a scam in the PMC Bank affecting lakhs of customers who are facing difficulties in withdrawing their money due to restrictions imposed by the......

Doping admission could cost Armstrong millions

Lance Armstrong's admission that he used performance-enhancing drugs during his cycling career could hurt his bank balance as much as his reputation, with one company demanding $12 million from......

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