BQ Explains: Are Your Bank Deposits Set To Become Safer?
Torn Indian rupee banknotes are displayed outside a store in the Zaveri Bazaar area of Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

BQ Explains: Are Your Bank Deposits Set To Become Safer?

After a gap of nearly 26 years, the Indian government is actively considering raising the extent of insurance offered on bank deposits. At present, only Rs 1 lakh in deposits is insured, irrespecti...
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