Unity Small Finance Bank has hiked the interest rates of Fixed Deposit (FD) schemes. Senior citizens can now avail upto 9 per cent interest rate on FDs invested for tenures of 181 days and 501 days respectively. The general interest rate on FDs not for the same tenures is 8.50 per cent.
New Delhi, Nov 13: Deposit Insurance and Credit Guarantee Corporation settled claims amounting to Rs 8,516.6 crore during 2021-22 of about 12.94 lakh depositors of liquidated banks, merged entities and those placed under restrictions by the Reserve Bank. All commercial banks, including branches of foreign banks functioning in India, local area banks, regional rural banks, small finance banks and payment banks, are covered under the Deposit Insurance Scheme. Out of the Rs 8,516.6 crore claims settled by the DICGC, Rs […]
Out of the Rs 8,516.6 crore claims settled by the DICGC, Rs 5,059.2 crore were towards liquidated and merged banks and Rs 3,457.4 crore pertained to banks under All Inclusive Directions (AID) of the RBI, said the annual report of DICGC.
All commercial banks, including branches of foreign banks functioning in India, local area banks, regional rural banks, small finance banks and payment banks, are covered under the Deposit Insurance Scheme.