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Total 26 results found. Search for [ DICGC ]

Results 1 to 21 of 26
Divyesh Singh
New Delhi, January 2, 2020
PMC Bank-HDIL scam: During the investigation it was also found that loans were sanctioned and disbursed before forms were filled for the loan requirement


Divyesh Singh
December 30, 2019
Charge sheet filed by the Enforcement Directorate earlier this month has revealed that HDIL group companies need to repay Rs 6,117.93 crore to PMC Bank as on August 31, 2019


BusinessToday.In
New Delhi, December 30, 2019
Manjit Kaur Ishwar Singh, who was Joint General Manager (Credit) in PMC Bank, told ED during the probe that HDIL had around total 44 loan accounts which included personal accounts of HDIL's promoters Rakesh Wadhawan and Sarang Wadhawan


PTI
December 29, 2019
The break-up of the claim with DICGC shows Rs 3,414 crore in the case of state cooperative banks and district central cooperative banks, and Rs 10,684 crore in the case of urban cooperative banks, including PMC Bank


Naveen Kumar
December 6, 2019
Investors who prefer fixed deposits are mostly conservative investors. Majority of them are in the higher age bracket and deploy their life savings in fixed deposits


PTI
December 3, 2019
The response from DICGC, which insures all bank deposits, assumes importance in light of several bank frauds coming out in the open in recent times that have put savings of millions of depositors at risk


Anand Adhikari
December 2, 2019
DHFL that had outstanding deposits of Rs 6,136 crore in June has seen its deposits reducing to Rs 5,232 crore as of September 2019


Anand Adhikari
November 22, 2019
As per NHB guidelines, DHFL has invested close to Rs 700 crore in SLR securities, which are mainly bonds of state electricity distribution companies


Anand Adhikari
New Delhi, November 18, 2019
The IADI recommends a minimum deposit insurance coverage of 80 per cent of the total deposit accounts and 20-30 per cent in value terms in a member country


BusinessToday.In
November 18, 2019
The last revision in the current limit of deposit insurance was effected on May 1, 1993, after the Bank of Karad collapsed in the securities scam of 1992


PTI
November 13, 2019



BusinessToday.In
New Delhi, October 18, 2019
Bank account holders will get only up to Rs 1 lakh if it goes bust; this has triggered a lot of doubts in the minds of bank customers, especially in the wake of the PMC Bank scam in which the RBI has restricted cash withdrawals


Anand Adhikari
October 7, 2019
SBI research points out that data on cross country deposit insurance cover limit shows that deposit coverage in India is among the lowest in terms of per capita income


Naveen Kumar
October 3, 2019
As per DICGC website, all commercial banks including branches of foreign banks functioning in India, local area banks and regional rural banks are insured by the DICGC


Naveen Kumar
October 1, 2019
Banks deploy the money collected from numerous depositors who trust the bank with their life savings. These depositors are concerned whether their hard-earned money is safe or not


Anand Adhikari
September 26, 2019
Surprisingly, last time the maximum deposit insurance limit for depositors was changed two and a half decades ago.


Anand Adhikari
September 25, 2019
If the RBI is satisfied with progress that the bank can get back to shape in a short period, it will free the bank from its clutches


PTI
New Delhi, October 8, 2018
The PIL filed by Pardeep Kumar challenged the Corporation's decision to provide a maximum insurance cover of only Rs 1 lakh irrespective of the amount deposited.


PTI
October 8, 2018



BusinessToday.in
New Delhi, December 21, 2017
The ERD's analysis of the bank deposit base shows that in terms of the number of accounts, 67% of the total accounts are less than Rs 1 lakh while 99% of the accounts are less than Rs 15 lakh. \"This shows that a number of small depositors are adequately covered under the draft bill,\" said the report.


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