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bankingonly - ArticlesDeposit Insured in India, if Bank Fails• Deposit insurance in India
• Per depositor per bank insured amount Rs. 1 Lac in India
• In USA recently deposit insurance amount increased to $ 2.5 lac per depositor
• In india no instance of any major bank failure in three years
• Deposit in 2356 PSUs, Private & co-operative banks are insured in India
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