The comparison of India's Bank Deposit Insurance with other countries like the United States and China shows that India lies very low in the list

In the midst of the calamity of Punjab and Maharashtra Co-operative Bank (PMC Bank), finance minister Nirmala Sitharaman made a statement on Friday discussing that the government is aiming to bring in rules and regulations in order to intensify the recent insurance limit of approximately INR 1 lakh on bank securities. The government is likely to shift the adjustments and modifications in the course of the approaching Winter Session of the parl....