scorecardresearchHow do new deposit insurance rules favour small depositors?

How do new deposit insurance rules favour small depositors?

Updated: 15 Dec 2021, 09:21 AM IST
TL;DR.
When the choice is between earning a higher rate of interest and the safety of deposit, the balance ought to tip in favour of the latter. We deconstruct the latest rules governing DICGC that are framed to give a fillip to the interest of small investors
The small investors must be aware that their deposits up to  <span class='webrupee'>₹</span>5 lakh are safe in banks, and are insured by the DICGC.

The small investors must be aware that their deposits up to 5 lakh are safe in banks, and are insured by the DICGC.