The Deposit Insurance and Credit Guarantee Corporation (DICGC), an arm of the Reserve Bank of India has come out with a list of co-op banks, in which the eligible depositors could get their money back.
The list includes names like Ramgarhia Co-operative Bank Ltd, Shri Sharada Mahila Co-operative Bank Ltd, Tumkur Karnataka, Sahebrao Deshmukh Co-operative Bank, Sangli Sahakari Bank and Raigad Sahakari Bank, among others. The total number of banks are about 17.
Depositors of the above banks are advised to submit their deposit insurance claims to their respective banks. The claims should be supported by officially valid document.
Depositors submitting valid documents, as mentioned above, will be paid by credit to the alternate bank account specified by depositors, or on their consent, to their Aadhaar linked bank account, says DICGC in a release.
