IndiaInsurance
23rd March 2010, 09:00 AM
It is a limited level of protection provided by the government to depositors against bank failures. Every bank is mandatorily covered under the level of Deposit Guarantee and the Insurance Corporation of India.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/ET-in-the-classroom-Deposit-Insurance/articleshow/5713985.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/ET-in-the-classroom-Deposit-Insurance/articleshow/5713985.cms)