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You Searched For "DICGC" and got 16 results


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DICGC introduces Daava Soochak for depositors to track claim status

Daava Soochak, a user-friendly online tool, is part of DICGC's ongoing commitment to improving the …

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RBI cancels licence of Laxmi Co-operative Bank, Solapur

The Reserve Bank of India (RBI) on Thursday cancelled the licence of The Laxmi Co-operative Bank Lt…

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1 min read

Hike in deposit insurance won't hit bank balance sheets: RBI

"The revision in deposit insurance will not impact banks' balance sheets much," Kanungo told re…

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DICGC collected Rs 88,523 cr premium from banks, payout towards claim totalled Rs 296 cr

New Delhi, Dec 10 () The Deposit Insurance and Credit Guarantee Corporation (DICGC) has collected R…

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Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan

Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…

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Explained: With markets volatile, should senior citizens invest in PSU bank FDs?

FDs have always been a popular investment choice for Indians. They offer a guaranteed return on inv…

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Govt permits five-fold increase in deposit insurance cover to Rs 5 lakh per depositor

New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday said the government has permitt…

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Over 99 pc depositors of CKP Bank will get full payment: RBI

The RBI action on the bank had come over seven months after it placed the city-based Punjab and Mah…

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RBI cancels licence of Mumbai-based The CKP Co-operative Bank

The RBI further said the affairs of the bank "were and are" being conducted in a manner detrimenta…

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Deposit Insurance Corporation sees Rs 14,100-cr claims amid PMC crisis

Mumbai, Dec 29 () The Deposit Insurance and Credit Guarantee Corporation has received a total claim…

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Insurance cover on bank deposits raised to Rs 5 lakh effective Tuesday

The deposit insurance scheme covers all banks operating in India, including private sector, cooper…

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FM raises deposit insurance cover five times to Rs 5 lakh

New Delhi, Feb 1 () To address concerns of small depositors over failure of banks, Finance Minister…

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Days after hiking deposit insurance, FM says working on contentious FRDI Bill

The bankruptcy code takes care of resolution for ailing non-financial firms, but doesn't cover dep…

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B P Kanungo gets one-year extension as RBI Deputy Governor

"The central government has re-appointed B P Kanungo as deputy Governor, Reserve Bank of India for …

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RBI says bank scam victim compensation increased to Rs 5 lakh after Budget announcement

Soon after the Budget announcement, insurance cover on bank deposits has been increased from Rs 1 l…

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Maharashtra Co-op Bank pitches for branch merger of PMC Bank

Mumbai, Feb 4 () Maharashtra State Co-operative (MSC) Bank has written to Union Finance Minister Ni…

PTI