Business Standard

Page 2 - Insurance Coverage

Corporate India seeks to barricade brass from frauds, bankruptcy concerns

Demand for D&O policies on the rise as India Inc looks to protect its brass

Corporate India seeks to barricade brass from frauds, bankruptcy concerns
Updated On : 25 Feb 2020 | 11:43 PM IST

Budget 2020: Insurance cover for bank depositors to be raised to Rs 5 lakh

Finance Minister Nirmala Sitharaman on Saturday said the government has permitted DICGC to raise deposit insurance coverage by five times to Rs 5 lakh. Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly owned subsidiary of the Reserve Bank of India, provides insurance cover on bank deposits. Deposit insurance coverage will be enhanced from Rs 1 lakh to 5 lakh per depositor, the Finance Minister said her Budget speech in Lok Sabha. At present, the DICGC provides Rs 1 lakh insurance to a depositor regardless of deposit in case the lender fails or liquidated.

Budget 2020: Insurance cover for bank depositors to be raised to Rs 5 lakh
Updated On : 01 Feb 2020 | 1:29 PM IST

Govt mulls providing forex loan at cheaper rates to exporters: Goyal

Goyal said the government has sensitised all the trade promotion bodies to work towards enhancing exports

Govt mulls providing forex loan at cheaper rates to exporters: Goyal
Updated On : 20 Nov 2019 | 8:14 PM IST

Insurance coverage: Exclusions for genetic disorders need to be reasonable

After the Delhi High Court's recent ruling, blanket exclusion of genetic disorders from coverage is likely to become a thing of the past

Insurance coverage: Exclusions for genetic disorders need to be reasonable
Updated On : 12 Mar 2018 | 5:56 AM IST