The Deposit Insurance and Credit Guarantee Corporation (DICGC) has rejected a request made by banks to exempt certificates of deposit (CDs) from deposit insurance coverage. Subject : Economy Details: Banks pay an insurance premium of 12 paise per Rs 100 of deposit, including CD and Deposit insurance premium payment leads to outgo of […]
The Deposit Insurance and Credit Guarantee Corporation (DICGC) Subject – Economy Context – DICGC mops up Rs 9,561 crore premiums in first half of fiscal Concept – To know about DICGC, please refer September 2021 DPN.
The Deposit Insurance and Credit Guarantee Corporation (DICGC) Subject – Economy Context – DICGC to engage chartered accountant firms to complete depositor verification Concept – The Deposit Insurance and Credit Guarantee Corporation (DICGC) has set in motion the process of engaging Chartered Accountant firms to complete the Herculean task of verification/ certification of […]