mahesh desai
11 years 4 months ago
With the FDI in insurance I think onus should be put on all private and public sector banks by forming regulatory authority which will ensure that all the deposits of the people in public or private sector banks are insured with that regulatory body in the event of failure of bank to return the deposits .Mminimum deposits insured to the people should be 15 lacs to 25 lacs compared to 1 lac which today makes no sense .Banks should ensure these minimum deposits with the regulatory body .
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