Mon, Aug 19, 2024
RBI Deputy Governor Swaminathan suggests a targeted approach to deposit insurance, focusing on small depositors and senior citizens, rather than full coverage for all. At the IADI Asia-Pacific Regional Conference, he discussed the financial challenges of universal insurance and emphasized the need for improved public awareness to prevent bank runs.
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Thu, Jan 11, 2018
A fixed deposit (FD) is a financial instrument provided by banks or other financial institutions, which provides investors a fixed rate of interest along with a maturity date.
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