Tag: DICGC to pay depositors

DICGC to pay depositors of 21 insured banks placed under all inclusive directions

Deposit Insurance and Credit Guarantee Corporation (DICGC) on September 21 announced it shall pay the depositors of the insured banks placed under the all-inclusive directions (AID) an amount like the deposits outstanding (up to a maximum of Rs 5 lakh only) within a period of not exceeding 90 days, DICGC said during a release. A total of 21 banks […]

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