Taking a closer look at the Principles themselves, they are intended as a basic reference for public authorities internationally. National authorities can use these Principles, either as a benchmark against which they can assess their own deposit insurance schemes or as a tool to implement or reform their deposit insurance systems.
The deliberations and discussions in this conference have been fruitful and have certainly provided food for thought for the policymakers. I will now give you a snapshot of India’s deposit insurance system, flag the issues in the context of the required further reforms and look at the way forward for the global deposit insurance systems. India’s deposit insurance system 9.