Risk Based Deposit Insurance Pricing System In

Essay specific features

 

Issue:

Business

 

Written by:

Kristi W

 

Date added:

May 23, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

14 / 3819

 

Was viewed:

1667 times

 

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Essay content:

Finally, Section 3 forms a case for the introduction of risk-based deposit insurance pricing in India and also mentions some pre-requisites for the same. 4 1. Deposit Insurance in India The Deposit Insurance in India is managed by Deposit Insurance and Credit Guarantee Corporation (DICGC). The DICGC provides insurance to depositors as well as bank credits to risky borrowers like small borrowers and small-scale industries...
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Deposit Insurance in India The Deposit Insurance in India is managed by Deposit Insurance and Credit Guarantee Corporation (DICGC). The DICGC provides insurance to depositors as well as bank credits to risky borrowers like small borrowers and small-scale industries. Some of the salient features of the Deposit Insurance System that currently exists in India are: • Under the Scheme, in the event of liquidation, reconstruction or amalgamation of an insured bank, every depositor of that bank is entitled to repayment of his deposits held by him in the same right and capacity in all branches of that bank upto a monetary ceiling of Rs...
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