Deposit insurance programme: Centre enhanced financing system in last 7 years to benefit poor, says PM Modi

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Deposit insurance programme: Centre enhanced financing system in last 7 years to benefit poor, says PM Modi

With deposit insurance coverage of Rs 5 lakh per depositor per bank, the number of fully protected accounts at end of the previous financial year constituted 98.1 per cent of the total number of accounts, as against the international benchmark of 80 per cent.