As of March 2025, the DICGC insured 41.5% of total bank deposits by value, covering ₹100.12 lakh crore. The deposit insurance fund saw a 15.2% year-on-year increase, reaching ₹2.29 lakh crore. The RBI also approved a risk-based deposit insurance framework to enhance financial stability.
Dollar whipped as markets wary of mounting risks
The dollar remained weak on Thursday amid policy uncertainty, though supportive comments from the White House and European officials offered some respite. Investors interpreted the