RBI discusses global, domestic economic situation, challenges at board meeting

Dec 19, 2025

"The Board approved the risk-based deposit insurance framework for banks and also reviewed the activities of select Central Office Departments and the draft Report...

RBI Dy Governor highlights urgent need to evolve deposit insurance system

Aug 13, 2024

Reserve Bank of India (RBI) Deputy Governor Michael Patra underscored the urgent need for evolving deposit insurance systems to meet the challenges posed by...

First Citizens Bank acquires deposits and loans of failed Silicon Valley Bank

Mar 27, 2023

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of recently failed US-based Silicon Valley...

After US bank failures, agencies directed to analyse deposit insurance mechanism

May 02, 2023

Following the failures of a few US banks, Federal Deposit Insurance Corporation (FDIC) Chairman Martin J Gruenberg directed the relevant agencies to conduct an...

US regulators shut down Silicon Valley Bank

Mar 11, 2023

California regulators closed down the tech lender and put it under the control of the US Federal Deposit Insurance Corporation.

PM Modi to address bank deposit insurance programme today

Dec 12, 2021

New Delhi [India], December 12 : Prime Minister Narendra Modi will address the function on 'Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to...