Awareness Fridays: A Case Study that Illustrates how the Deposit Insurance System Works in India

by Vinaya HS on November 7, 2008

in Finance

Three weeks back, I wrote about the deposit insurance system in India. While that guide served as a ready reckoner, there’s nothing better to drive the point home than a real case study. One such case study — and a live one at that — involves Saraswat Bank’s takeover of South Indian Cooperative Bank (SICB). You can read-up on how the deposit insurance system is being invoked and utilized in this article published in the Economic Times.

Awareness Fridays is my new initiative to spread awareness on topics relevant to personal finance — every Friday. I urge you to take some time off and absorb this information — it’s pretty useful. And, as always, do spread the word if you find this useful.

Further reading:

  1. Awareness Fridays: How to Identify Genuine Rupee-denominated Currency Notes

{ 2 comments… read them below or add one }

1 Laxmi November 7, 2008 at 5:15 PM

a very good effort indeed. Keep it up!
One can find some info on saving schemes: http://www.alpbachat.org/schemes.htm
bye..Laxmi

2 Girish November 7, 2008 at 8:57 PM

Vinaya,
That’s a very usefull info…
Keep the blogs flowing
Girish

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