(Bloomberg) -- Lawmakers on a key European Parliament body approved Thursday the first step of a controversial plan to pool insurance for bank depositors. The committee on economic and monetary ...

The coverage is up to ₹5 lakh per deposit account per bank held in the “same right and same capacity”. The bank pays the ...

BEIJING (Reuters) - China's recently launched deposit insurance scheme is unlikely to be a burden on banks, charging much lower premiums than are levied in other countries, deputy central bank ...

In the wake of the 2008 global financial crisis, the importance of deposit insurance has become more apparent than ever. Deposit insurance is a crucial safety net that protects depositors in the event ...

Singapore’s central bank is increasing its deposit insurance coverage per depositor to a maximum of S$100,000 ($73,160) from April next year. The boost by a third is from the existing level of ...

In a recent public notice on social media, the Central Bank reiterated that depositors in licenced commercial and specialised banks and licenced finance companies are automatically insured under the ...