Author: Blitz

Most of us keep our money in banks, in savings accounts for daily needs or high interest fixed deposits to earn high returns, trusting that it’s completely safe. After all, banks are seen as secure and well-regulated. But every now and then, news about a bank facing financial trouble or withdrawal limits raises a familiar concern: what happens to my money if something goes wrong with the bank? While such cases are rare, they remind us that it’s important to understand what protects our savings. This is where deposit insurance under India’s DICGC scheme comes in. DIGC is an official…