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Tag: bank deposits

The FDIC change that leaves wealthy bank depositors with less protection

May 5, 2024May 5, 2024 · US News

Affluent Americans may want to double-check how much of their bank deposits are protected by government-backed insurance. New rules implemented last month capped what the Federal Deposit Insurance…

Read more The FDIC change that leaves wealthy bank depositors with less protection

RBI asks banks to annually review accounts inoperative for over a year

January 1, 2024January 1, 2024 · Banking

The Reserve Bank of India has asked banks to annually review accounts that have not seen customer-induced transactions for over a year, and term deposit accounts where there…

Read more RBI asks banks to annually review accounts inoperative for over a year
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