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Though finance minister Arun Jaitley’s budget has significant schemes in healthcare and the standard deduction for salaried class, the only middle class cohort to truly benefit is the senior citizen.   There were few happy faces in India after the Budget speech got over, except for the senior citizens. Since we don’t have representatives of...

Your deposits will be insured, just as they are today and there is an additional protection for depositors because the bail-in can be invoked, and your deposits be lost, only if you have given your consent to the bank when you signed the deposit forms.   Bank deposits are the one true friend of a...