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Total 52 results found. Search for [ Deposit Insurance and Credit Guarantee Corporation ]

Results 1 to 21 of 52
Aprajita Sharma
New Delhi, March 7, 2020
While you will have to make alternative arrangements for the short-term, you must know your money in the YES Bank account is safe


BusinessToday.In
February 18, 2020
Share Market Update : Extending losses for the third consecutive session, BSE 30-share S&P Sensex closed 161 points lower at 40,894 and NSE 50-share index Nifty50 ended 53 points lower at 11,992


PTI
New Delhi, February 4, 2020
At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and Credit Guarantee Corporation if a bank fails


BusinessToday.In
February 1, 2020
Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long


BusinessToday.In
New Delhi, February 1, 2020
Budget 2020: The minister also said that the government will ensure a mechanism to address liquidity constraints of NBFCs and house finance corporations


Rohit Jain
February 1, 2020
Budget 2020: A key requirement for insurance sector is capital, and in an environment where Indian promoters find their resources squeezed by a tough economy, the government must consider liberalising India's FDI norms to bring in much-needed liquidity


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


PTI
November 19, 2019
Over the weekend, FM Nirmala Sitharaman had said government would bring in a legislation during the ongoing Winter session to increase the deposit insurance cover from Rs 1, but did not specify a number


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


BusinessToday.In
November 16, 2019
With regard to deposit guarantee insurance limit hike, Sitharaman said it may not be part of cooperative bank legislation but part of some other laws


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.


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