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Only up to Rs 1 lakh, insured in banks: RBI-owned subsidiary

Tuesday, December 3, 2019, 3:14 PM

Depositors in failed and liquidated banks will get only up to Rs.1L as insurance cover, regardless of the amount in their accounts, according to the DICGC, a wholly-owned subsidiary of the Reserve Bank of India. This covers savings, fixed, current and recurring accounts, the DICGC, which insures all bank deposits, said in response to a Right to Information (RTI) query filed by PTI.
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AIIMS Bank Account Broken Into; Rs 12 Crore Illegally Withdrawn

Saturday, November 30, 2019, 5:00 PM

The Public Relations Officer of Delhi's AIIMS Arti Vij has said that Rs.12 crore has been stolen from accounts of the institute using fake cheques. Few incidences were prevented in time when SBI officials contacted AIIMS authorized signatories to verify cheques before payments, she added. We've brought the fraud to the notice of SBI and Delhi Police, she further said.
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Beware: One wrong Google search can wipe out your entire bank account

Wednesday, August 14, 2019, 3:32 PM

We all have a habit of searching businesses and customer care numbers on Google whenever we need any help or customer support. But this habit can prove costly as you could land into a trap of fake numbers laid by any conman or hacker, who is just waiting for this kind of search to lure a victim. Click on full story to know more.

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