Are all your bank deposits insured if your bank fails? Can you get insurance for bank deposits above Rs 5 lakh?

Recent developments at the IndusInd Bank have left depositors concerned about the safety of their money. The RBI has assured that deposits are not at risk and small depositors are protected under its deposit insurance scheme operated by the Deposit Insurance and Credit Guarantee Corporation (DICGC). Yasmin Hussain explores the working of the scheme.