Finance Minister Nirmala Sitharaman in her Budget speech declared to increase the bank deposit insurance in scheduled commercial banks to Rs 5 lakh per depositor from the present Rs 1 lakh.
Insurance on bank deposits increased up to Rs 5 lakh
Finance Minister Nirmala Sitharaman in her Budget speech declared to increase the bank deposit insurance in scheduled commercial banks to Rs 5 lakh per depositor from the present Rs 1 lakh.