The IADI recommends a minimum deposit insurance coverage of 80 per cent of the total deposit accounts and 20-30 per cent in value terms in a member country

The last revision in the current limit of deposit insurance was effected on May 1, 1993, after the Bank of Karad collapsed in the securities scam of 1992

With regard to deposit guarantee insurance limit hike, Sitharaman said it may not be part of cooperative bank legislation but part of some other laws

The market churn throws up new winners and losers in BT 500.

IRCTC results 2019: Earnings from internet ticketing services surged 80.8 per cent to Rs 199.3 crore in the April-September period from Rs 110.23 crore in the corresponding period of the previous fiscal

On Wednesday, IRCTC share price gained as much as 5.20 per cent to touch a fresh high of Rs 981.35, against the previous close of Rs 932.80 on BSE. Its market capitalisation rose to Rs 15,575 crore on BSE

In line with benchmark indices, SBI share price declined as much as 2.84 per cent to touch an intraday low of Rs 309.25 apiece on the BSE after opening tad lower at Rs 317.45 against previous close level of Rs 318.30

FASTags become mandatory on national highway toll booths from December 1. Here's what you need to do.

LIC's entry into IDBI Bank, the biggest player among top m-cap gainers in banking, brings hope for investors.

IDBI Bank share traded 3.20% higher at Rs 33.85  at 10:00 am. 1.04 lakh shares of the bank exchanged hands amounting to turnover of Rs 36.51 lakh. Its market cap rose to Rs 26,187 crore on BSE.

Total income was at Rs 1,413 crore during July-September of 2019-20, up from Rs 1,001 crore in same period of 2018-19, Shree Renuka Sugars said in a regulatory filing

Moody's said if India's sovereign rating is downgraded to Baa3 from Baa2, the agency will downgrade the ratings of these companies accordingly

The State Bank of India (SBI) joins the list of marquee names such as behemoth Life Insurance Corporation (LIC) and the Canadian pension fund CDPQ to lend money to Piramal's $2 billion Group

Persisting liquidity issues in the NBFC space as well as the financial woes of some groups in this sector have raised concerns about the health of the overall financial system

If you are a financially savvy investor with higher risk appetite and are familiar with risks that these instruments carry then you may consider Corporate FDs under your debt investment portfolio