The proposed model will distinguish banks through financial reliability, so that stronger banks can save on premiums Photocredit: Istockphoto
The RBI plans to introduce a risk-based premium model for deposit insurance from the following financial year, making banks that are more healthy to save considerably on the premiums paid.
The Deposit Insurance and Credit Guarantantie Corporation (DICGC), under the DICGC law, 1961, has operated the deposit insurance scheme on a premium premium of the fixed speed since 1962. Banks are currently receiving a premium of 12 Paise per £ 100 of deposits to be assessed.
“Although the existing system (deposit insurance) is easy to understand and manage, it does not distinguish itself between banks based on their reliability.
“It is therefore proposed to introduce a risk -based premium model that will help banks that are more healthy to save considerably on the paid premium. Detailed notification will soon be issued, which will be in force from the next financial year,” said Governor Sanjay Malhotra.
Coverage limit unchanged
The current coverage limit of the deposit insurance is £ 5 percher per preserver of a bank for deposit accounts that are kept ‘in the same capacity and in the same law’.
Deposit Data Update
From March 2025, the number of fully insured deposit accounts under the cover limit was 293.7 CRORE (289.7 CRORE A year ago), with the assessment of deposits and insured deposits on RS 2.40.95.727 CRORE (RS 2.18.160 CRORE) and RS 1.00, RS 1.00, RS 1.00, RS 1.00, RS 1.00, RS 1.00, RS 1.00, RS) and RS 1.00, RS) and RS 1.00, CROR, and RS) and RS) and RS) and RS) and RS) and RS) and RS) and RS) and RS) and RS), and RS), and RS), and RS). respectively, per DICGC data.
From March 2025, fully protected accounts was 97.6% (97.8%) of the total number of accounts. The share of protected deposits in the total assessable deposits fell to 41.5% of 43.1%.
Published on October 1, 2025
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