Co-op Commissioner visits Kamal Nagarik Sah Patsanstha
During his tour to Raigad district of Maharashtra Cooperative Commissioner Anil Kawade (IAS) visited the headquarters of Kamal Nagarik Sahakari ...
Tag: DICGC
AP State Co-op Bank lauds budgetary support to co-ops
The reactions on the Union Budget keep pouring in at the desk of Indian Cooperative. Welcoming the Union Budget presented ...
49.1% of total deposit with banks not insured: Eco Survey
According to the latest Economic Survey 49.1 percent of the total amount held as a deposit with Indian banks is ...
RBI cancels licence of Independence Co-op Bank; 96% to get their money
The Reserve Bank of India has cancelled the licence of Independence Co-operative Bank Ltd., Nashik, Maharashtra. Consequently, the bank ceases ...
Depositors poohpooh Unity SFB offer; ask where is PMC’s liquid?
Pooh Poohing the Unity Small Finance Bank's assurance that 96% of the PMC Bank depositors would be given their money, ...
Why amend Act if PMC depositors are not to be helped: Nafcub Prez
Aghast at the RBI’s move to go ahead with the PMC merger, the President of the apex body of Urban ...
DICGC: Depositors of stressed co-op banks to get money
A news outlet reports account holders of several stressed cooperative banks will be given Rs 5 lakh deposit insurance cover ...
Co-op societies can’t use bank in its name: RBI
Co-operative societies cannot use the words “bank", "banker" or "banking" as part of their names, except as permitted under the ...
Rupee Bank notifies refund thru’ DICGC Scheme
The Rupee Cooperative Bank has notified the scheme of the DICGC to refund account holders up to Rs 5 lakh. ...
Depositors demand full money not only Rs 5 lac
A group of people claiming to represent the interests of account holders and depositors of Rupee Cooperative Bank has opposed ...
DICGC: Payment process on; depositors of ailing UCBs to benefit
In a press release DICGC has invited applications in a prescribed format from the depositors of several ailing urban cooperative ...
RBI cancels license of Panvel based Karnala Nagari Sah Bank
Reserve Bank of India has cancelled the licence of Karnala Nagari Sahakari Bank Ltd., Panvel (District - Raigad), Maharashtra. Consequently, ...
Roadblocks removed; Lok Sabha passes DICGC Bill on Monday
The Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021 was passed by a voice vote amid opposition uproar in ...
Sah Bharati lobbies hard for inclusion of UCBs in DICGC amendment
A lack of clarity on the inclusion of UCBs in the proposed amendment in the DICGC Act, has led Sahakar ...
DICGC Act: Depositors to get money in 90 days; Marathe hails the decision
In a major move the govt has decided to tweak the DICGC Act, introduced in the last budget so that ...
