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RBI cancels licence of Jai Prakash Narayan Nagari Sahakari Bank

On liquidation, every depositor would be entitled to receive a deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh from Deposit Insurance and Credit Guarantee Corporation (DICGC). As per the data submitted by the bank, about 99.78 per cent of the depositors are entitled to receive the full amount of their deposits from DICGC, the Reserve Bank said. ....

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DICGC pays Rs 6,545Cr to depositors of cooperative banks in 2023

Deposit Insurance and Credit Guarantee Corporation (DICGC) settled insurance claims worth of Rs 10,503 ....

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DICGC pays Rs 6,545Cr to depositors of cooperative banks in 2023

Deposit Insurance and Credit Guarantee Corporation (DICGC) settled insurance claims worth of Rs 10,503 ....

Credit Guarantee Corporation , Deposit Insurance , Guarantee Corporation , All Inclusive , From States ,