You Searched For "deposit insurance and credit guarantee corporation" and got 15 results
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2 mins read
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 …
PTI
1 min read
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…
PTI
2 mins read
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…
1 min read
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…
PTI
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…
PTI
1 min read
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…
PTI
1 min read
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…
2 mins read
Cabinet clears amendment to banking laws to strengthen cooperative banks
The proposed law seeks to enforce banking regulation guidelines of the RBI in cooperative banks, wh…
PTI
1 min read
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…
PTI
1 min read
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…
PTI
3 mins read
Here’s Why You Should Choose Corporate FDs Over Traditional FDs
Recently, some Indian banks reduced the interest rates on deposits by 0.25%–0.75%, which has made c…
2 mins read
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…
PTI
3 mins read
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…
PTI
1 min read
Govt mulls raising insurance cover on bank deposits to above Rs 1 lakh: FM
New Delhi, Nov 15 () Finance Minister Nirmala Sitharman on Friday said the government will bring le…
PTI
1 min read
Billionaire investor Bill Ackman warns more banks will fail unless the FDIC insures all deposits
"The FDIC's failure to update and expand its insurance regime has hammered more nails in the coffin…