How much will banks pay for deposit insurance? business News & more related News Here
As of March 2026, the Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of RBI, provides deposit insurance of up to Rs. Rs.5 lakh per depositor per bank. The bank with which the deposits are amounting to Rs. Pays a fixed premium of Rs. 0.12 per Rs. 100 of assessable deposits. With a uniform…