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DICGC Increases Deposit Insurance to 5 Lakhs by hermandeep5 is a document available to read on EtoBox.

The document summarizes key banking and financial news from the first week of February 2020 in India. It reports that WhatsApp Pay received approval to expand its UPI project to 10 million users. It also discusses the RBI conducting a Financial Literacy Week with a focus on MSMEs, increasing deposit insurance coverage by DICGC to Rs. 5 lakh, bringing cooperative banks under RBI regulation following PMC Bank crisis, and other announcements on monetary policy and GDP growth projections.

Author

hermandeep5

Language

EN