DICGC Premium to reflect Bank Soundness, Says RBI
In its FSR report, RBI stated that while the existing system is simple to understand and administer, it does not ...
Tag: DICGC
Co-op Banks lead Deposit Insurance coverage; Ratio slips
In the rbi’s report, Deposit insurance continues to be a critical pillar of India’s financial safety net, particularly for co-operative ...
Valsad Mahila Nagrik Sahakari Bank under Directions
The Reserve Bank of India (RBI) has placed The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad, Gujarat, under Directions under ...
RBI tightens Protections for Co-op Bank Depositors: Shah
The Reserve Bank of India (RBI) has implemented a comprehensive set of measures to protect the interests of depositors from ...
DICGC to pay Nashik Jilha Mahila Vikas Bank Depositors
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has announced that it will make deposit insurance payments to eligible depositors ...
Kerala: DICGC settles Rs 549.27 Crore claims for 3 Co-op Banks
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has settled deposit insurance claims amounting to Rs 549.27 crore for three cooperative banks ...
RBI’s restrictions on Nashik Jilha Mahila Vikas Sah Bank
The Reserve Bank of India (RBI) has placed stringent restrictions on Nashik Jilha Mahila Vikas Sahakari Bank Ltd., Nasik, under ...
DICGC’s payouts for Pusad UCB Depositors from Feb 2026
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has announced that it will commence payments to eligible depositors of Pusad ...
RBI imposes restrictions on Pusad Urban Co-op Bank
The Reserve Bank of India (RBI) has placed stringent restrictions on the Pusad Urban Cooperative Bank Ltd., Pusad under Section ...
Maharashtra explores private insurance for Co-op Depositors
Maharashtra’s Department of Cooperation is planning a scheme to insure deposits in cooperative credit societies through private insurance companies, with ...
DICGC Act: Depositors move Bombay High Court
A group representing depositors of failed co-operative banks across India has filed a Public Interest Litigation (PIL) before the Bombay ...
DICGC settles Rs 476 Cr claims, Protects millions of co-op depositors
The Deposit Insurance and Credit Guarantee Corporation (DICGC) on Friday released its Annual Report for 2024-25 on its portal, underlining ...
DICGC deregisters 15 Co-op Banks in 2024-25
India’s cooperative banking sector continues to face pressure, with the Deposit Insurance and Credit Guarantee Corporation (DICGC) reporting 17 deregistration ...
DICGC to compensate depositors of three Co-op Banks upto Rs 5 lakh
Following the Reserve Bank of India's imposition of restrictions on three cooperative banks, Irinjalakuda Town Cooperative Bank (Kerala), Lokapavani Mahila ...
Karnataka based Karwar Urban Co-op Bank loses license
The Reserve Bank of India (RBI) has cancelled the banking licence of Karnataka based Karwar Urban Co-operative Bank. Following the ...
