Over 97% of bank accounts were insured at FY25 end

As of March 2025, the DICGC insured 41.5% of total bank deposits by value, covering ₹100.12 lakh crore. The deposit insurance fund saw a 15.2% year-on-year increase, reaching ₹2.29 lakh crore. The RBI also approved a risk-based deposit insurance framework to enhance financial stability.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/bRmnF4P
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