The sale of MG Non-Life Insurance has struggled to find a breakthrough for nearly three years due to opposition from the union, and the Korea Deposit Insurance Corporation is expected to take ...

HONG KONG, HK / ACCESS Newswire / February 20, 2025 / BDIC Insurance, a Blockchain Deposit Insurance Corporation (BDIC) ...

On the 12th, the Korea Deposit Insurance Corporation announced that it filed for a court injunction against the MG Non-life Insurance union to prohibit interference with its operations.

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 ...

Mumbai: The government is actively considering raising the deposit insurance limit beyond the current Rs 5 lakh, M Nagaraju Department of Financial Services Secretary told reporters on Monday in ...

Mumbai, Feb 17 (PTI) The government is "actively considering" raising the deposit insurance limit beyond the current ₹5 lakh, a top finance ministry official said on Monday. Days after the New ...

The government is examining a proposal to up the deposit insurance limit, according to M Nagaraju, Secretary (Department of Financial Services), Finance Ministry. The last time the deposit ...

The deposit insurance ceiling started at Rs 1,500 in 1962, and was gradually increased to Rs 30,000 in 1980. (Freepik) The government is “actively considering” raising the insurance cover for ...

The crisis at a cooperative bank has thrown attention on the need to increase the deposit insurance limit and explore a risk-based premium model for the deposit insurance fund. As the Reserve Bank ...

The Finance Ministry is considering raising the current limit of ₹5 lakh for deposit insurance, Secretary to the Department of Financial Services M. Nagaraju said at a post-Budget press briefing ...

If Meritz Fire abandons the acquisition, MG Insurance could be at risk of bankruptcy, heightening concerns among its 1.24 million policyholders. On Wednesday, the state-run Korea Deposit Insurance ...