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
Post office TD vs PSU bank 5-year FD: Where can you get higher maturity on Rs 2 lakh investment?For a 5-year fixed deposit, the Post Office TD scheme currently offers a higher interest rate compared to most public sector banks' 6%-6.25...
11 May, 2026, 02.22 PM IST
FD rate up to 8.05% for senior citizens investing for five years; Know list of banksFor senior citizens looking to maximize their savings, attractive fixed deposit rates are still within reach. Suryoday Small Finance Bank p...
09 May, 2026, 11.43 AM IST
FD rate up to 8% for senior citizens investing for three years; Know list of banksSenior citizens can still secure fixed deposit (FD) interest rates up to 8.05% for a three-year term from select small finance banks, with ...
25 Apr, 2026, 11.13 AM IST
You can now invest in fixed deposits on Zerodha's Coin: Rates, banks and how it worksZerodha has launched fixed deposit (FD) investments on its Coin platform, marking another step in its push to broaden beyond equities and m...
13 Apr, 2026, 02.44 PM IST
FD rate up to 8.05% for senior citizens investing for five years; Know list of banksSenior citizens can now secure fixed deposit interest rates as high as 8.05 percent for a five-year term. Several banks are offering this a...
11 Apr, 2026, 07.11 AM IST
RBI cancels licence of Shirpur Merchants' Co-operative BankThe Reserve Bank of India has cancelled the licence of The Shirpur Merchants' Co-operative Bank. This action is due to the bank's insuffici...
06 Apr, 2026, 07.16 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
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