India to launch risk based deposit insurance premiums for banks starting this April
The Reserve Bank of India will link deposit insurance premiums to bank risk profiles starting April 1. This system replaces the long-standing flat fee model.
The Reserve Bank of India (RBI) announced today that it will implement a new risk-based deposit insurance premium framework starting April 1. This policy-driven change marks a significant structural reform for the banking sector in India 
IN, as the Deposit Insurance and Credit Guarantee Corporation moves away from the decades-old flat-rate premium system.
IN, as the Deposit Insurance and Credit Guarantee Corporation moves away from the decades-old flat-rate premium system.
