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Deposit Protection Boost: Is the ₹5 Lakh Insurance Cap Set to Rise?

Unknown Apr 02, 2026 2 Views
Deposit Protection Boost: Is the ₹5 Lakh Insurance Cap Set to Rise?
The Indian government is considering a proposal to increase the deposit insurance limit, currently set at Rs 5 lakh. M Nagaraju, Secretary of Financial Services at the Ministry of Finance, announced on Monday that the proposal is under review. The potential increase comes in the wake of the recen...
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