Deposit Insurance And Credit Guarantee Corporation Amendment Bill
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Centre Passes Bill To Provide Support To Depositors Of Stressed Banks
The Bill proposes that even if a bank is temporarily unable to fulfil its obligations due to restrictions such as moratorium, depositors can access their deposits to the extent of the deposit insurance cover through interim payments by the Deposit Insurance and Credit Guarantee Corporation.
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Centres Introduces Bill To Provide Support To Depositors Of Stressed Banks
The government introduced the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill in the Rajya Sabha, which aims to provide timely support to depositors of stressed banks.
-
Centre Passes Bill To Provide Support To Depositors Of Stressed Banks
The Bill proposes that even if a bank is temporarily unable to fulfil its obligations due to restrictions such as moratorium, depositors can access their deposits to the extent of the deposit insurance cover through interim payments by the Deposit Insurance and Credit Guarantee Corporation.
-
Centres Introduces Bill To Provide Support To Depositors Of Stressed Banks
The government introduced the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill in the Rajya Sabha, which aims to provide timely support to depositors of stressed banks.
