#MintPrimer | The collapse of #SiliconValleyBank has caused ripples across the financial world but is unlikely to affect Indian lenders. There are a few reasons why.
Mint explains how stressed banks were managed in the past: livemint.com
Mint explains how stressed banks were managed in the past: livemint.com
#MintPrimer | India has also had its share of bank failures in the past, both pre- and post-Independence.
Read here: livemint.com
Read here: livemint.com
#MintPrimer | Your bank deposits are insured up to Rs 5 lakh - known as deposit insurance - which is 3.01 times Indiaโs per capita income
In the US, the deposit cover is at 3.6 times that nationโs per capita income, while in Russia it is 1.6 times.
Read: livemint.com
In the US, the deposit cover is at 3.6 times that nationโs per capita income, while in Russia it is 1.6 times.
Read: livemint.com
#MintPrimer | Macquarie Capital says Indian banks largely do not fund startups & hence any impact on the #startup world should be manageable to a large extent.
Read here: livemint.com
Read here: livemint.com
#MintPrimer | Deposit #insurance started with a sum of โน1,500, way back in 1962. This was gradually increased to โน100,000 in 1993 and most recently, to โน500,000 in 2020.
Read here: livemint.com
Read here: livemint.com
#MintPrimer | Recent examples include #YesBank and #LakshmiVilasBank from 2020. These cases show how the regulator and the government acted in time to stitch together rescue plans.
Read here: livemint.com
Read here: livemint.com
#MintPrimer | Although the brisk pace of credit growth is expected to slow down in FY24, banks are at their best shape in decades.
Read here: livemint.com
Read here: livemint.com
Loading suggestions...