![Bank Deposit Insurance Programme: UPSC Daily Important Topic | 19 June 2023](https://www.gkseries.com/blog/wp-content/uploads/thumbs_dir/IELTS-ONLINE-SCHOOL-Made-with-PosterMyWall214-q878wr4j8wbgr0m7obpxomhl9vrfc3udv5kmsufbts.jpg)
Bank Deposit Insurance Programme •Guaranteed Time-bound Deposit Insurance Payment up to ₹5 Lakh’. •The bank savings are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act providing full coverage to around 98 per cent of bank accounts. •Earlier, account ...
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