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Govt asks RBI, banks to adopt risk management before rising insurance cover
Penalty proceedings against Vodafone will proceed once the Finance Bill is passed, company could have to pay up to Rs 20,000 crore in claim, penalty and interest, Gujral said.
08 May 2012, 09:34 PM IST 
Newly-elected French President Francois Hollande (L) with outgoing Culture Minister Frederic Mitterrand
The government has asked the Reserve Bank and Deposit Insurance and Credit Guarantee Corporation (DICGC) to adopt risk management system before doubling the insurance cover for bank deposits to Rs 2 lakh.
