by AIP Online Bureau | Feb 17, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
Union Finance Minister Nirmala Sitharaman is launching Mutual Credit Guarantee Scheme for MSMEs in Mumbai on Monday Govt asks private life insurance companies to increase the free look period for policyholders from one month to one year. The Centre is working on more...
by AIP Online Bureau | Jul 16, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
”With a view to enhance the awareness about deposit insurance in a focused and sustained manner and in consultation with the RBI, it has been decided that all banks registered with DICGC shall henceforth display the logo of DICGC and QR code linked to the DICGC...
by AIP Online Bureau | Nov 13, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
The number of insured banks registered with DICGC stood at 2,040 as on March 31, 2022 Since the inception of deposit insurance, a cumulative amount of Rs 295.9 crore was paid up to March 31, 2022 towards claims of 27 commercial banks, Rs 10,524.3 crore towards claims...
by AIP Online Bureau | Aug 21, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
The cooperative banks from Maharashtra are: Sahebrao Deshmukh Co-operative Bank, Sangli Sahakari Bank, Raigad Sahakari Bank, Nashik Zilla Girna Sahakari Bank, Saibaba Janata Sahakari Bank, Anjangaon Surji Nagari Sahakari Bank, Jaiprakash Narayan Nagari Sahakari Bank,...
by AIP Online Bureau | Jul 3, 2022 | Banking & Bancassurance, Indian News, Regulation
Eligible depositors of Shankarrao Pujari Nutan Sahakari Bank will get the payment on August 10, and those of Harihareshwar Sahakari Bank on August 28, according to a DICGC circular DICGC, a wholly-owned subsidiary of the RBI, provides an insurance cover of up to Rs 5...
