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DICGC
RBI floating rate bond : Has 8.05% interest rate changed? Here's what investors should knowThe Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to...02 Jul, 2026, 09.20 AM IST- RBI cancels licence of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit BankThe Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its de...18 Jun, 2026, 04.42 PM IST
- RBI imposes restrictions on Mogaveera Co-operative Bank for 6 monthsThe restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...12 Jun, 2026, 09.12 PM IST
- FD rate up to 8% for senior citizens investing for three years; Know list of banksSenior citizens can secure fixed deposit interest rates up to 8 percent for a three-year investment. Several small finance banks are offeri...23 May, 2026, 10.59 AM IST
- RBI cancels licence of Maharashtra-based The Yashwant Co-op BankThe Reserve Bank of India has cancelled the license of The Yashwant Co-operative Bank, Phaltan, Maharashtra, citing inadequate capital and ...19 May, 2026, 06.18 PM IST
- RBI imposes restrictions on Etawah-based Nagar Sahakari Bank for 6 monthsThe Reserve Bank of India has placed restrictions on Etawah-based Nagar Sahakari Bank. Customers can withdraw a maximum of Rs 10,000. The b...18 May, 2026, 06.44 PM IST
- RBI cancels licence of Mumbai-based Sarvodaya Co-operative BankThe Reserve Bank of India has made the tough call to withdraw the license of Sarvodaya Co-operative Bank, a decision rooted in the bank's f...12 May, 2026, 08.53 PM IST
- Over 97% of bank accounts were insured at FY25 endAs of March 2025, the DICGC insured 41.5% of total bank deposits by value, covering ₹100.12 lakh crore. The deposit insurance fund saw a 15...07 Jan, 2026, 12.20 AM IST
- DICGC introduces Daava Soochak for depositors to track claim statusThe Deposit Insurance and Credit Guarantee Corporation (DICGC) has introduced Daava Soochak, an online tool for depositors to track their c...08 Sep, 2024, 03.30 PM IST
- DICGC needs more resourcesThe Deposit Insurance and Credit Guarantee Corporation (DICGC) needs to increase its reserve ratio, manage treasury proactively, and upgrad...20 Jun, 2024, 07.38 AM IST
- DICGC asks banks to display its logo, QR code on their websites"With a view to enhance the awareness about deposit insurance in a focused and sustained manner and in consultation with the RBI, it has be...16 Jul, 2023, 03.00 PM IST
- DICGC likely made large purchases at debt auctionThe Deposit Insurance and Credit Guarantee Corp (DICGC) is suspected to have made substantial purchases at a primary debt auction on Friday...02 Jun, 2023, 09.05 PM IST
- RBI's deposit insurance arm to pay depositors of two co-operative banks in AugustEligible depositors of Shankarrao Pujari Nutan Sahakari Bank will get the payment on August 10, and those of Harihareshwar Sahakari Bank on...03 Jul, 2022, 01.48 PM IST
- Depositors of Lucknow cooperative bank to get money from DICGC on April 27Depositors of Beed-based Dwarakadas Mantri Nagari Sahakari Bank will get payments on June 6. DICGC, a wholly-owned subsidiary of the RBI, p...24 Apr, 2022, 04.20 PM IST
- Depositors of 21 failed cooperative banks including PMC to get deposit insurance coverBanks have been asked to submit claims latest by October 15 and update the position as on November 29, 2021 along with principal and intere...22 Sep, 2021, 12.35 PM IST
- Bill cleared to allow bank depositors to get up to Rs 5 lakh refund within 90 days under DICGC insuranceDuring a debate regarding the DICGC bill in the Rajya Sabha, it was clarified by the finance minister that PMC Bank depositors will also ge...09 Aug, 2021, 01.33 PM IST
- DICGC faces a claim of Rs 14,000 crore from co-operative banks including PMC: RBIThe extent of devolvement on DICGC in the event of all the banks ‘under direction’ or weak banks going into liquidation/ordered to be wound...27 Dec, 2019, 09.23 PM IST
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