Deposit Insurance Scheme: 1 lakh plus depositors get over ₹1,300 crore payout
The scheme seeks to provide insurance for bank deposits and guarantees credit given by banks and financial institutions. It aims to provide depositors time-bound access to their insured deposit amount, in case they are restricted from accessing their bank deposits.
Yes Bank scam: Kapoor moves HC, seeks joint trial in the CBI-ED casesWhile the CBI is probing a case of corruption and misuse of office, the Enforcement Directorate (ED) is investigating a money laundering case in an alleged case of fraud caused to YBL by Kapoor, DHFL promoters, Kapil and Dheeraj Wadhawan and others.
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