License of Shirpur Co-op Bank cancelled, 99.7% depositors protected
The Reserve Bank of India (RBI) has cancelled the licence of the Shirpur Merchants’ Co-operative Bank Ltd., Shirpur, through an ...
Tag: DICGC
RBI asks Co-op Banks to disclose DICGC Premium Payments
The Reserve Bank of India (RBI) has directed Urban Co-operative Banks (UCBs) and Rural Co-operative Banks (RCBs) to disclose details ...
UCBs given Branch Freedom, higher Housing Loan Limits
Urban Cooperative Banks (UCBs) have received a policy boost with a series of reforms aimed at strengthening their operations and ...
DICGC settles Rs 518 Cr claims during April-Sept 2025
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has settled deposit insurance claims amounting to Rs 518 crore during the period April–September ...
DICGC insures Rs 15,295 Crore Deposits in Telangana
Deposits worth Rs 15,295.82 crore held in Urban and Rural Cooperative Banks in Telangana are insured by the Deposit Insurance and Credit ...
Risk-Based Deposit Insurance Premium for Co-op Banks from April 1
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has announced the implementation of a Risk-Based Premium (RBP) framework for deposit ...
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 ...
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 ...
