Indian bank deposits better protected than in US: SBI report
20 Mar 2023
According to SBI research, smaller bank deposits in the United States are only insured to the tune of 30-45 percent, whereas smaller bank deposits in India, such as regional rural banks, cooperative banks, and local area banks, are better protected at 82.9 percent, 66.5 percent, and 76.4 percent, respectively. According...
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