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

by Vinaya HS on November 7, 2008

in Finance

Thanks for visiting Capital Advisor. I frequently update this blog to cover various topics on personal finance such as investment strategies, financial products that you should buy and ones that you really should stay away from, financial calculators, emerging themes such as early retirement and financial independence, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

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.




Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

{ 2 comments… read them below or add one }

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

Girish November 7, 2008 at 8:57 PM

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

Previous post:

Next post: