Tuesday, March 10

RBI board gives nod to deposit insurance rates based on risks

The Reserve Bank of India's central board has approved a shift to a risk-based pricing system for deposit insurance, moving away from the current uniform premium. This reform will allow better-rated banks to pay lower premiums, while weaker institutions will face higher charges, reflecting their financial strength.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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